When buying insurance, there are many terms and definitions to comb through, and we understand it can be daunting. Here are some key travel insurance terms you might come across when looking for the best policy.
Provides a cash payment in the event of accidental loss of life or limb during a covered trip.
Policies that can cover adventurous sports and activities that are typically excluded.
Offers partial cancellation refund if you cancel for a reason not otherwise covered by your policy.
Provides reimbursement for damage to, or theft of, a rental vehicle during a covered trip.
The document that outlines the contract between you and your travel insurance provider.
A request for reimbursement for a covered expense or loss that occurred during your trip.
The percentage of medical expenses you are responsible for after your medical deductible.
The transportation company you are traveling with, such as an airline, cruise line, or train operator.
Offered by your provider to help coordinate certain aspects of your trip.
Covers trip cancellations if your travel supplier suspends operations due to financial circumstances.
Provides reimbursement in the event you must cancel or interrupt your trip due to inclement weather.
Reimburses your trip costs if you must cancel due to a terrorist attack at your destination.
The co-pay amount that you are responsible for in the event of a medical emergency.
A 24-Hour Assistance Service department to help you at any point during your trip.
Reimburses the costs incurred to treat a medical emergency during a trip.
Provides transportation to the nearest medical facility in the event of an emergency.
Provides a cash payment in the event of accidental loss of life or limb while flying during a covered trip.
The money back guarantee period in which you can cancel your policy for a full refund.
Reimburses the additional costs to catch up to your trip if your departing flight is delayed.
An illness or injury that had a change in diagnosis of any kind during the lookback period.
The location where you live most of the time and where you will be departing from to start your trip.
Reimburses some or all medical expenses relating to an unexpected dental emergency during your trip.
Covers 100% of your trip expenses if you can’t take your trip for a covered reason.
Reimburses the costs of meals and accommodations when a trip is unexpectedly delayed.
Reimburses trip payments if part of a trip is missed or cut short due to a covered reason.
Provides reimbursement for additional flights booked to return home early for a covered reason.