Travel insurance serves as a safeguard for your finances, health, and time against unforeseen events during trips. Deciding whether this protection is worth the expense can be challenging. Historically, travel insurance was once as simple as purchasing a short-term life insurance policy from vending machines in airports, a practice common until the early 1980s. These machines offered policies for $2.50, providing coverage up to $62,500. This quirky aspect of travel history highlights the evolving nature of travel insurance and its role in providing peace of mind to travelers.
QUESTION: How might the availability and perception of travel insurance change as travel becomes more accessible and frequent for younger generations?
Here’s how to decide when travel insurance is worth it
