by Philip Lee, CFP®
Travel Insurance: Do I need it?
I enjoy traveling as do many of our clients. While we may tend to focus on the travel costs, plans – where to go, what to see and who to visit we often do not think about financial issues such as insurance. The two most common travel related insurance matters are:
- Emergency medical evacuation/foreign healthcare and
- Renting vehicles abroad.
Emergency Medical Evacuation/International Health
I recommend considering this type of insurance, depending on where you are traveling. The type, level and sophistication of medical care varies greatly around the world. Plans will typically include a medi-flight back to the states or to a first-world country with western style