• #182 - The Cost of Over Confidence Bias - My Expensive Lesson in Travel Insurance

  • 2024/10/22
  • 再生時間： 26 分
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#182 - The Cost of Over Confidence Bias - My Expensive Lesson in Travel Insurance

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  • In this episode, I’m sharing a hard lesson I learned about travel insurance—one that cost me thousands of dollars and a once-in-a-lifetime trip to the Arctic for my 30th wedding anniversary. Like many of you, I thought I understood what my travel insurance covered, but as it turns out, I didn’t read the fine print closely enough. A mechanical flight delay resulted in us missing the cruise, and the insurance company denied our claim. I’ll break down what went wrong, the hidden details in travel insurance policies that caught me off guard, and how you can avoid the same costly mistake. If you think your trip interruption coverage has you fully protected, think again. Join me as I walk through the lessons I learned so you can protect your travels—and your wallet.

    A podcast that blends the nuts and bolts of financial advice with the emotions that drive making them.
    Rick Kahler, CFP®, CFT-I™, has helped people make better money decisions by integrating financial planning. He blends the nuts and bolts of financial advice with the emotions that drive making them and shares them on his financial therapy podcast.

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あらすじ・解説

In this episode, I’m sharing a hard lesson I learned about travel insurance—one that cost me thousands of dollars and a once-in-a-lifetime trip to the Arctic for my 30th wedding anniversary. Like many of you, I thought I understood what my travel insurance covered, but as it turns out, I didn’t read the fine print closely enough. A mechanical flight delay resulted in us missing the cruise, and the insurance company denied our claim. I’ll break down what went wrong, the hidden details in travel insurance policies that caught me off guard, and how you can avoid the same costly mistake. If you think your trip interruption coverage has you fully protected, think again. Join me as I walk through the lessons I learned so you can protect your travels—and your wallet.

A podcast that blends the nuts and bolts of financial advice with the emotions that drive making them.
Rick Kahler, CFP®, CFT-I™, has helped people make better money decisions by integrating financial planning. He blends the nuts and bolts of financial advice with the emotions that drive making them and shares them on his financial therapy podcast.

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