So, what are the “rates” for this peace of mind?
Obviously, as a supporter of this plan, you’re one who worries about the sky falling.
I’d like to hear some examples of how this or similar has actually benefited you or paid off.
Or is this merely a feel good exercise?
(Again, I picked the wrong career. I could sit back and collect money on people’s fears and notions, rather than busting my ____ to actually contribute to earn a paycheck….dang!)
It is good insight as to how fear and paranoia spreads so easily among the masses though.
Why the snark? Very unnecessary and frankly I don't have to explain why I do what I do to you. Love your "sky is falling" comments. Glad you know me so well you have the right to judge. All of this is no skin off your teeth. Can't figure out why you're so insecure about this. I'm sure there's plenty you spend your money on that others would laugh at. It's not fear-it's practicality and preparedness. Guess you should go cancel your auto/RV insurance so you don't waste your money. Just like car insurance, it's based on the value of the trip and what you want covered.
If you had to cancel right before the trip, or mid trip, I just don't think you would be risking more than a couple of hundred bucks. I don't think it would be worth the hassle of finding a policy, and then having to get a claim out of them.
It all depends on how much you are risking. My trips to Alaska are not cheap and I am in remote places quite often. If it's not "a lot" then a policy might not be worth it. But "a lot" varies from person to person and it's not up to judge for another what "a lot" is. It's simple risk vs. reward, period. Policies are not hard to find and as long as you understand the fine print it's no more difficult to collect on than a standard insurance policy. I have not had to collect (thankfully) as my broken arm in Denmark didn't affect much of the trip, but I know of others who would have been out thousands otherwise.
Moderator, I am stressing my points in support of the OP. There's no need for ridicule over something so simple.