The Wall Street Journal published an article in today's paper with useful tips about traveler's insurance. When we first started traveling for business, traveler's insurance was often pooh-poohed as an unnecessary rip-off and in those days, when the airlines often flew half-full planes, a cancelled flight wasn't as much of a big deal: rebooking (for whatever reason - I once got on a different flight with a different airline at no extra cost to me just because I missed the plane - and I was flying an extremely discounted ticket) often wasn't a problem. But today itineraries are more complex, people are traveling at older and older ages, and more people are going to parts of the world that they never would have considered before, and so insurance can often make good sense. But as the article cautions - be sure to read the policy carefully so that you know that the most likely scenario that you want covered really is.
See the full piece at http://online.wsj.com/article/SB10001424052748704281504576331252643248680.html?mod=ITP_personaljournal_4#articleTabs%3Darticle.
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