Is travel insurance necessary?

Is travel insurance necessary?

The eruption of the Eyjafjallajokull volcano in Iceland this past March cancelled hundreds of flights and stranded thousands of travelers across Europe in mid-April, and inadvertently served as a prime example of why travel insurance is often a wise investment. “It promotes protection from the unknown,” says Suzanne Munson, spokesperson for Seven Corners, a travel agency based outside of Indianapolis. “For those individuals who had trip cancellation insurance during the situation with the volcano [in…

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