Picture this: you plan your dream trip, you have your entire 
itinerary all squared away, you've put out thousands of dollars in 
airfare, hotel rooms and tour packages. Then, tragedy strikes. A 
family member gets very sick. Or, an earthquake decimates your 
destination. Suddenly, you have to cancel your vacation. And all your 
plans, not to mention all that money, go to waste.
Luckily, there is travel insurance, something the brochures say will 
protect your investment should misfortune occur. But how does it 
really work? We got some folks at the Consumer Reports Travel Letter 
on the phone to explain the situation to us.
 
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