Repaying the loan more rapidly
If you didn't purchase travel insurance and one of these eventualities comes true, you could find yourself in a world of hurt. Many travel companies will take all of your money, or charge you a massive fee to be able to shift your reservations to another time. The only exception is if you have travel insurance. Travel insurance will cover most eventualities and allow you to change your travel information at nearly a moment's notice, if you must.