Travel insurance offers many different choices with plans and benefits. Most travelers opt for a package deal, which includes trip cancellation and interruption, medical coverage, baggage loss and medical evacuation. You may purchase a policy without cancellation and still have all the remaining benefits. Additionally, there are policies that offer medical and medical evacuation only. Medjet Assist markets a product that is not actually insurance, but for a per trip or annual membership fee, you can be airlifted to the hospital of your choice in case of a medical emergency.