Taking out travel insurance is a good idea these days. Although most travellers take out travel insurance prior to departing home, there are also good travel insurance options available in Asia. Travel insurance can provide cover for anything from lost luggage, cancelled flights and theft to medical emergencies. Just make sure you read the small print, so that you understand exactly what you are and aren't covered for. Most of the major international insurance companies have offices in Asia, and there are plenty of local insurance companies to choose from as well. Most travel insurance companies offer customers the option to pay monthly, quarterly and annually, and great discounts are available for those willing to pay an excess or only need cover for a limited geographical area.