Travel insurance is a type of insurance that protects travelers against financial losses incurred as a result of unexpected events. It typically covers trip cancellation, trip interruption, baggage loss, and medical expenses. Cruise cancellation is one of the covered events under most travel insurance policies, which means that travelers can get reimbursed for the cost of their cruise if it is canceled due to a covered reason.
Travel insurance is an important investment for anyone who travels, as it can provide peace of mind and financial protection in the event of an unexpected event. The benefits of travel insurance include reimbursement for trip cancellation, trip interruption, baggage loss, and medical expenses. Travel insurance has been around for centuries, with the first known policy being issued in 1666.