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Travel insurance, also known as vacation insurance or trip coverage, has emerged as a vital element for modern travelers. Whether you journey frequently or occasionally, comprehending the importance of travel insurance is fundamental to ensure a safe and stress-free trip. The Basics of Travel Insurance Travel insurance is a safety net designed to mitigate various risks that might occur before or during your trip. It grants coverage for unforeseen circumstances such as cancellations, medical emergencies, and damaged belongings.