Travel insurance is just about mandatory in any trip that you are planning to take. It is viewed as a boon in a world when almost anything is liable to happen. It protects your money and luggage. This is especially true when the trip is expensive and one that you have saved for and were looking forward to.
While there are many perks of insurance, there are some downsides too. You need to keep both in mind before you consider putting your money in insurance.
The first question to ask yourself is whether you really need insurance at all. Most people buy insurance only when there is a serious risk in the visiting country. If you are healthy and on the younger side and your destination is relatively safe, then there is really no need for insurance. Even the best n big firms have a lot of fine print that you cannot possibly delve into.