Is travel insurance worth the money? 
There are many types of travel insurance plans from trip interruption due to an illness or emergency to medical or accidental death while traveling . Like any insurance policy it is a transference of risk . If you are taking a $ 10,000 family vacation and $ 8,000 is already paid as non refundable and if you had an emergency and had to cancel last minute and you would not miss the $ 8,000 , do n't buy insurance . However , if you or a family member were to become ill or injured in a foreign country , could you pay the tens of thousands of dollars it may cost for stabilization care and emergency medical transport . Most people could not . The cost of travel insurance for medical care and emergency evacuation or medical transport back home to the US is almost nothing compared to the risk of cost . My answer would be yes every time . 