Sunday, June 26, 2016

Travel Insurance

As my spiritual guru, Haruki Murakami, taught me: “Some things in life are too complicated to explain in any language.” One of them is travel insurance. Here's the bottom-line: You can cover just about everything and anything (including canceling on pure whim), you can do so at 100% coverage or almost any smaller percentage of coverage, you can vary the deductible, and you can alter the terms of coverage (to include or exclude medical treatment and evacuation or to include or exclude cancellation coverage).  The various options you choose will have a substantial impact on the cost. But there is one inescapable truth: You need to read (which is not hard) and understand (which can be quite difficult) the fine print with extreme care so you know what you are getting and what you are not getting.

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