What to avoid: Don’t rely on a tour operator’s or cruise line’s cancellation waiver. It isn’t true insurance; instead, the cruise line or operator agrees to waive its own cancellation penalty. Waivers cover fewer risks, and many limit reimbursement to a credit toward a future booking rather than a cash refund. Similarly, don’t blindly accept a travel supplier’s “opt in” insurance, which may be more expensive than an independent policy or offer insufficient coverage.
How to buy: We recommend buying through one of the several independent online agencies that specialize in travel insurance that provides comprehensive search and comparison systems. Among them:
Trip Insurance Store
Read the full article online here: http://www.huffingtonpost.com/smartertravel/4-very-good-reasons-to-bu_b_7492680.html