Last weekend I was at the L.A. Times Travel Show, and it was great! All these fabulous displays, exhibits from foreign countries and domestic locations, it was beautiful. I use to travel a lot, and it got me to thinking about places I had gone in years past. But that's not the point of this article.
I was there working with my friend David Compton. He had invited me to work his travel insurance booth with him. You probably think people ran as soon as they say us but we were really pretty busy both Saturday and Sunday. People were buying or contemplating buying some really fabulous vacations, which would cost thousands and they wanted to know about Trip Cancellation Insurance.
The main two things you need to know about Trip Cancellation Insurance is that you must buy it within 15 days of making your purchase or first deposit on the trip. You also have to be in shape medically to be able to travel at the time you buy it.
The cost of Trip Cancellation is tied to the cost of the trip, so I can't give you a flat rate amount. There are some other caveats for other scenarios but that 15 day window is key. When you spend your hard earned money on an amazing vacation, why risk losing it all if something comes up that keeps you from going. Most policies will also cover lost luggage and trip interruption, if you are delayed getting somewhere.
You might want to look at Travel Medical also, but I'll go into that in another article. Enjoy your week dreaming about where you want to go!