What is Travel Insurance? Do I Need Travel Insurance?

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I need to confess that for years I traveled without travel insurance. When one of the people on the 2015 Amateur Traveler trip to Morocco didn’t read the fine print that travel insurance was required… I was that guy. But I have reformed. I now have an annual plan that covers all my travels. The disadvantages of travel insurance are easy. The disadvantages of travel insurance are easy. It costs money. If you could know ahead of time whether your trip would go well you wouldn’t need insurance. If you have enough savings to cover anything that might come up, then maybe you also can do without insurance. But… let’s talk about what might happen and what that could cost. The advantages are also pretty easy. If something goes wrong travel insurance will help… provided you have the right kind of insurance.