Friends and family often ask me if travel insurance is worth it. I told my 20-something cousin, for example, that it mostly wasn’t, considering that his honeymoon included changeable air tickets and relatively inexpensive hotels that could all be canceled a day or two ahead. But I did suggest a cheap “zero-dollar” plan that covered him and his wife for potential health care costs, if not cancellation penalties. Even the young can have accidents, of course!

For those of us booking more expensive accommodations, cruises and/or private tours that have stricter cancellation policies, a proper insurance policy is wise. My parents once had to cancel an Italian itinerary when my mother broke her ankle the day before departure. And I won’t forget when — against my advice — they flew into Lisbon the day of their cruise ship’s departure. A flight delay meant they missed the boat, but insurance paid for their unexpected overnight and private car transfer to meet the vessel in Porto.

Our advisors in the Travel Office can help guide you to the most sensible policy for your situation. Remember: It’s wise to buy insurance less than two weeks after you book a trip, for maximum coverage. I also maintain an annual MedjetAssist membership, which provides transport from a foreign hospital to the hospital of my choice.