In general, they sell policies covering accident and illness; trip cancellation, and baggage.

It's now high season but due to worldwide broadcasts of floods in Thailand, there's been massive trip cancellations!

Often it is packaged with other insurance for travelers, like trip cancellation and medical insurance.

For an extra fee, trip cancellation and other coverage is available.

There are a variety of plans offered; all options with medical evacuation also include trip cancellation.

These annual policies do not provide reimbursement for trip cancellation or interruption, a big source of claims, which keeps premiums low.

For an additional fee, these companies also cover for trip cancellation or interruption and lost baggage.

Industry officials say that the attack on the four tourists, which received intense news coverage, has not caused many trip cancellations.

"We have seen a lot of trip cancellations and few new bookings," Mostafa said.

The company opened its doors in 1994 offering only one travel insurance product for trip cancellation.