Have you ever noticed when booking a vacation you're almost always offered the opportunity to buy travel insurance? It doesn't matter if you're buying direct from the airline, or through an travel agent--whether in-person or online--you can easily tack on the price of the travel insurance premium to your trip purchase. It sure is convenient, but is it a good deal?
A quick comparison shows that often you're paying a hefty premium for this convenience.
Travel insurance premiums for an individual travelling alone to the U.S.*
Take a look at the prices quoted for an emergency medical travel insurance policy for a single 40-year old, travelling Friday to Friday (for a total of 8 days):
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Travel insurance premiums for a family of four; 2 adults and 2 children*
If you take a look at family plans, the difference in price is even more pronounced: