Home > Finance and Money > Insurance > Glossary > Glossary (T) > Travel Insurance

sign up for free membership
Register
today for full
access to InterSites ...


Travel Insurance

A policy covering certain risks connected with holidays and travelling. Some of the benefits include reimbursement for loss of luggage and money, medical expenses, cancellation or curtailment, departure delay and loss of passport. Lump sums are payable for personal accident covering death, loss of limbs or eyes or permanent disablement. There are certain legal expenses for claims against a third party causing injury to the insured are also payable plus personal liability cover if the insured causes injury to a third party or their property. The maximum amounts of cover for all the above cases are stipulated case by case by the insurers.