Other than cancellation and medical cover, insurance companies usually cover following possible risks.

Terrorism coverage

In recent years, people witnessed few terrorist acts and countries going for war. This makes people think what would happen if they have to face some terrorist acts. Better companies comes with the idea to capture this un-addressed segment and as a result now people have choice to get them self registered for a policy covering travel terrorism acts. There are companies who refused to offer terrorism act but most of the companies want to make a fair agreement.

Personal liability

People are looking for no risk as they are traveling from one place to another. Accidents are uncontrollable and can happen any time. What if you have to face accident when you are traveling and who will pay if you cause some accident? Answer to these possible questions is we can have a policy, which can even cover personal liability while traveling.

Rental cars

There are so detailed travel insurance, which can even cover the rental car accidental cost, which incurred when you were traveling.

Supplier default insurance

Deregulation in airline industry in US witnessed many companies them going bankrupt and as a result, all those people suffered who did not have policy that was covering default insurance. In recent time, companies are running away from providing supplier's default insurance.

Delays

There are flight delays, which run to days and may result in a very expensive trip. Now companies are providing insurance for delays as well, in which they will bear the cost of delays.

Luggage

Stolen luggage or misplaced can cause a loss to clients. Insurance companies are very keen in providing a 360-degree care to their customers. There are insurance policies, which cover a limited luggage cost. However, before going for luggage insurance you may need to go through the document and understand the limit per item in order to claim the right amount.

Resumption of journey

Your policy is over when you arrived home most of time, no matter due to some reason. However, there are circumstances in which some companies may pay your few cost and allow you to resume your journey if you have to return due to some emergency such as bad health, have to attend funeral etc. It is very rare and not in high demand so if you are interested you may have to ask your agent to know the procedure fro applying for such a policy.

Is Travel insurance for you?

Every one have to made a personal analysis focusing on potential risks such as cancellation penalties, non-refundable cost, emergency cost, natural disaster and any other uncontrollable event. Do you think that you can cope up if any of these, some of these or all these happen? After calculating all these risks, you can make a better decision. May be one is willing to stake his tour in order to avoid extra payment required to be registered. A more traditional individual may hesitate to get in to all these official fidgets such as preparing documents, legal documents etc.