Travel insurance is not so much an optional extra as an integral part of any break. Travel insurance is designed to cover you when things go wrong and problems arise during your travels. Travel Insurance is just as essential as your sunglasses, toiletries and camera when you’re heading off on holiday. Travel insurance is insurance that is intended to cover your medical expenses, financial losses (such as money invested in non-refundable pre-payments), and other losses incurred while travelling, either within your own country, or in other countries. Travel insurance is a way to offer yourself peace of mind and minimise the considerable financial risks of travelling. Travel insurance is priced as a percentage of trip costs, and typically ranges from 4 to 8%.