9. Make Sure You’re Insured
Travel insurance can cover the cost of your airfare (as well as hotels, tour costs, or cruise fare) if you need to cancel or interrupt a trip because of unexpected events such as personal illness, the illness or death of a relative or travel companion, or some types of severe weather. Travel insurance will generally also cover the cost of belongings that are lost or stolen, emergency medical care, and also offer a death benefit. Premiums average about 5 to 7 percent of the cost of the trip, according to the Insurance Information Institute.
Trip cancellation and other travel insurance is provided as a benefit of some credit cards, and you may be covered for medical treatment and theft under your own health and homeowners policies (if you’re traveling overseas, be sure to confirm that your health insurance will cover you abroad). It’s always best to be prepared for the unexpected, especially because airlines can take a very hard line regarding their nonrefundable ticket policies.
To review and purchase travel insurance plans, go to an online broker such as InsureMyTrip or Squaremouth, which each sells coverage from 21 carriers.
Read the full Fox News article online here: http://www.foxnews.com/travel/2016/09/27/9-ways-to-save-money-and-keep-cool-head-when-flying.html