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Travel Insurance: To Buy or Not to Buy?

I think the insurance company probably paid back about 80-90 percent, she explained. Premium insurance policies like Mann s are more expensive but allowed her to cancel for any reason and gave her the most flexibility. It s really important that consumers read the policy carefully so they understand exactly what is and isn t covered, said Margot Gilman, Consumer Reports Business Editor. Like when the policy offers a waiver for pre-existing medical conditions, provides health care coverage or covers medical evacuations for more adventurous trips. Do your research. Travel agents may have preferred relationships with only a couple of insurance providers. Instead use comparison websites like insuremytrip.com and squaremouth.com, each sells more than a hundred policies from a variety of companies.

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