So, why should I purchase it?
Contrary to the belief of many, travel insurance covers more than trip cancellation. There are so many more benefits to purchasing it. Travel insurance covers most things that could go wrong on your trip, such as medical emergencies, trip cancellation, trip interruption, lost passports, lost luggage, etc. It is imperative to weigh the pros and cons of travel insurance and consider how much you would be set back financially if something terrible happened.
An example is, if you were to get sick while traveling abroad and your private health insurance doesn’t cover medical emergencies outside of your country. Or how about when a large portion of your trip is non-refundable, and you suddenly need to cancel due to a family member's illness? How much would you lose in these scenarios without insurance?