“Travel insurance can be a valuable asset for many travelers, but it is essential to evaluate the specific risks associated with each trip. For some, purchasing insurance is a prudent step, especially for longer trips or those with significant financial commitments, where I usually invest in insurance. I got unexpectedly sick last year and was unable to go on a wine trip I had planned for six months. Luckily, I had travel insurance, which made rescheduling effortless. This protected my investment and I was still able to discover my destination, albeit at a later date. While it may not be necessary for every trip, having this safety net can protect against unexpected financial losses, which is huge. — Alex SchrecengostCEO of Culture With Us, solo traveler for 20 years