One of the world’s oldest tour companies, Thomas Cook, abruptly announced it was going out of business yesterday. While not quite “fake news”, the advice provided by a travel expert on NBC Evening News during their report on this story can best be characterized as “glib news”.
In this NBC report, consumers are advised to seek travel insurance “when you have elaborate travel plans…. a tour, cruise, a safari – something bigger”. Hmmm…
Whether my travel plans are elaborate or are not, the ability to return home is always a big priority for me. I wonder if the hundreds of thousands of travelers left stranded by Thomas Cook without transportation or lodging viewed their trip as sufficiently “elaborate” to merit the purchase of trip insurance …..that could have enabled them to secure alternate transportation home.
Regardless of whether your travel plans meet the subjective criterion of “elaborate”, strongly consider travel insurance for ANY trip that requires you to rely on others for transportation, lodging and the ability to return home.
Understanding it is difficult to navigate the many different insurance programs that are available, I recommend consumers visit InsureMyTrip to examine the wide range of different insurance programs. Even for trips that are not elaborate.
Private Risk Advisor 
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