I don’t like spending the money either. However, for peace of mind, take out insurance which offers health cover, as well as loss and/or damage to luggage, including laptops and cameras. If you are pre-paying for any component of your holiday, like airfares, tour packages, cruises etc ensure that you take out insurance as soon as you start paying out money. That way you are covered for cancellations due to health, family or business reasons, even before your departure, as well as whilst you are traveling.
If you are a diver you should make sure that your policy covers dive medical emergencies, and that the cover is high enough to take care of the cost of recompression chambers and medical evacuation. Divers should consider taking out DAN membership.
Don’t delay and forget about it – buy your travel insurance online – right now – even if you start travelling today!