Lost luggage is on the rise so it's a good idea to get an insurance policy just in case. More than 29 million items of luggage were delayed, damaged or lost at the world's airports last year which is up 18 percent from last year. And while the statistics show that most misplaced luggage is located within two days, even relatively short delays can create headaches for travellers. It's important to take precautions for those rare instances when something goes wrong. Replacing basic items like clothes and toiletries takes time and can place added strain on a budget. In these situations, travel insurance can be a valuable investment. When buying insurance, read the policy carefully and make sure it covers lost or misplaced luggage. The financial support that may be available under your policy can be crucial even if your luggage is lost for a relatively short period of time. Have a great trip.