“Regular term life insurance is usually much cheaper in the long run,” says Money Talks News founder Stacy Johnson. Also, you may be able to get disability insurance through your workplace. Travel insurance  can be confusing. There’s protection against canceled trips, interrupted trips, medical expenses and many other risks. Policies vary in quality and in coverage. Some cover many eventualities, while others insure against a single risk, like a medical evacuation. The New York Times recommends  a one-stop site,  InsureMyTrip , for policies, articles and detailed information about what products cover.  Travel Insured International  is another site for comparison shopping,  Forbes says . Expect travel insurance to cost about 4 percent to 10 percent of the cost of the trip, depending on how comprehensive the plan is, says  The Simple Dollar . It recommends six companies and urges readers to look for exclusions and loopholes in policies. Travel insurance is a waste of money when: Your policy is riddled with exclusions. You choose a policy that doesn’t cover the risks you’re likely to encounter.

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