Whether or not you need flight insurance depends on your vacation’s specifics. If your flight is the most expensive part of your trip, flight insurance usually makes sense. For example, if you’re taking a vacation to Vietnam, you might pay thousands of dollars more for your flight than you did for your accommodations, which means that flight insurance can be affordable travel protection. However, if the cost of your airfare was only a small percentage of your overall vacation costs, consider a more comprehensive travel insurance policy.
Flight insurance policies cover the cost of your nonrefundable airline ticket. Depending on the insurance provider, your flight insurance might also cover situations such as flight delays or concierge services if you must rearrange your flights at the last minute.
Though flight and trip cancellation insurance are both travel insurance plans, they offer different levels of protection. If you purchase flight insurance and need to cancel your trip, your insurance company will only reimburse you for the cost of your flight (though select companies offer additional benefits). With trip cancellation coverage, your insurance provider will cover additional nonrefundable trip expenses, such as hotel costs, excursions you’ve booked in advance and trip interruption coverage.
While flight insurance might be more affordable than other travel insurance options, it has drawbacks. Unlike a full trip cancellation policy, flight insurance will only provide you with a reimbursem*nt for the cost of your flight.
