Don't forget to consider travel insurance when you plan your 2012 travels: Decide if you need it and figure the cost into your budgeting. Chances are it won't be a budget-buster, but failure to buy the right coverage could, in fact, bust your budget beyond any expectations.
When do you need travel insurance? I suggest that you consider two important coverages:
— You need trip cancellation (TCI) any time you have large prepayments — either nonrefundable or carrying cancellation penalties — that are more than you can afford to walk away from if you unexpectedly have to cancel a trip.
— You probably need medical insurance if your regular health...