When you go to book a flight, it’s not uncommon to be prompted to purchase trip insurance on top of your fare.  If you decline the option, you might get a warning:  “You may be responsible for cancellation fees and delay expenses” or, if that doesn’t scare you enough, “The average out-of-pocket costs of medical emergency transportation outside the United States can be as high as $25,000.”  Those are potentially frightful consequences, but you should think twice before handing over the extra money.  It’s probably not in your best interest as a higher flyer, and believe it or not, getting it might cost you more than it’s worth.

Continue reading “Should you buy trip insurance? No!”