What is a common feature of travel insurance?

A common feature of travel insurance is the coverage for loss or theft of belongings. This aspect is critical because when traveling, individuals often carry valuable items such as luggage, electronics, and personal belongings that could be lost, stolen, or damaged. Travel insurance provides financial protection and peace of mind against these types of risks, enabling travelers to recover some of the costs associated with replacing or reimbursing lost items.

The other options are either not universally included in travel insurance policies or pertain to services that are separate from insurance coverage. For instance, automatic renewal every year is not a typical feature of travel insurance, as most policies are set for specific trips and do not renew without the policyholder's action. Private jet access and discounts on flights are services related to travel but not typical features of insurance policies. These elements may be part of luxury travel packages or loyalty programs rather than insurance offerings.