A:  An unexpected accident, illness or injury before or during travel can derail the best laid plans. Cancellation fees and medical expenses can add up quickly. Insurance protects your financial investment. Any prepaid, non-refundable components of your trip should be insured.

Also, most U.S. health insurance plans do NOT cover international travel. Some provide reimbursement upon your return but it is your responsibility to have and submit the appropriate paperwork. It is very important to have a policy that includes an emergency assistance hotline, medical coverage and medical evacuation.