Many thanks for this thread, it has me convinced to get some trip insurance. I remember a year or so ago our local TV station did a story about a woman who was in a ATV wreck in Aruba and then got stuck there because she could not fly home with a normal flight and needed to have an air ambulance to get out. Costs were astronomical. Here is the story:
Aruba Ace, my husband and I had the insurance conversation this weekend. His mother is undergoing chemo for stage 4 ovarian cancer. She will have treatment 4 next week plus a new pet scan to determine if and when to schedule surgery. Are there any travel insurance policies that cover cancellation of a trip for both the husband and wife when the MIL/FIL is ill/hospitalized?
My understanding from when my FIL was terminally ill was that we would only be covered to cancel or end the trip early if he passed away. Illness or hospitalization was only a covered reason for cancellation it is was One of those travelling. There may be other policies out there though.
Several years ago, my parents had a trip planned with another couple to New Zealand and Australia. The wife was subsequently diagnosed with cancer. My parents had to supply proof of her diagnosis (she did not have a problem providing that), and their trip was fully refunded. They eventually rebooked when she was able to travel.
I've seen where different options of insurance are offered. One option would be that you can cancel the trip without any reason or explanation. This type of insurance is the high end level.
The main reason I recommend insurance is the medical and the medivac should it be required as in the article Bradrobster attached and I thank him for posting. You just never know! On one trip, my Mother fell forward in the parking lot of la cabana. It was dark so she did not see the cement bumper in the parking space and she tripped right over it. Thank god she landed on her knees and broke her fall with her hands and did not bump her head.
Insurance also covers for lost and delayed luggage, trip delays and cancellation. I just got back from Puerto Rico and my flight was delayed for 10 hours. If the flight would have been cancelled and I had to book a hotel, my insurance was covering me up to $500.00 if the flight was delayed over 8 hours or was cancelled and i had to incur expenses for lodging, food etc.