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Here's your money briefing for Wednesday, August 16th. I'm JR Whalen for the Wall Street Journal.

A lot of careful planning goes into making travel arrangements.

Flights, hotels, restaurant reservations, but things can and sometimes do go wrong.

The pandemic exposed to people just how much is out of our control when we're traveling.

So maybe you're supposed to fly from Paris to London, but you're too sick to do that.

So you end up having to stay in Paris. Travel insurance, again, depending on your plan, could help you out with those extra hotel costs.

We'll talk to the Wall Street Journal's Ethan Steinberg about what else travel insurance covers. After the break.

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More vacationers are buying travel insurance, but policies can be complex and expensive.

WSJ's Ethan Steinberg joins me to help simplify things.

So Ethan, how popular has travel insurance become?

Travel insurance is wildly more popular now than it was before the pandemic.

The pandemic exposed to people just how much is out of our control when we're traveling.

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