Travel insurance is helpful should you need to cancel your trip due to illness (either yourself, an immediate family member, or a traveling companion) or for emergency medical care, evacuation, or baggage loss.
We recommend that all travelers purchase travel insurance. It is important to purchase insurance before non-refundable cancellation penalties go into effect. You should review the payment and cancellation schedule of your specific trip before you sign up and then evaluate when the insurance should be purchased. The latest that travel insurance can be purchased for a trip is at or before the time of final payment.
You may take a look at WorldNomads or you can purchase other insurance on your own. With travel insurance from WorldNomads.com you can buy, extend and claim online even after you've left home. It is available to people from over 140 countries and designed for adventurous travellers with cover for overseas medical, evacuation, baggage and a range of adventure sports and activities.