Okuzeka
Insurance vocabulary · Life & Health Insurance

Travel insurance

Meaning in insurance, with examples

nounCore term

In insurance, travel insurance means: Insurance for a trip that covers medical emergencies abroad and often trip cancellation, lost luggage and travel delays.

In Turkish: seyahat sigortası, seyahat sağlık sigortası

How it is used

Bought for a single trip or as an annual multi-trip policy. Schengen visa applicants must show travel medical insurance with at least 30,000 euros of cover. Assistance companies run the 24/7 emergency lines.

Example sentences

  1. The consulate rejected the application because the travel insurance didn't cover the whole stay.

  2. Our annual travel insurance covers all business trips under 30 days.

Common collocations

  • travel insurance policy
  • annual multi-trip
  • trip cancellation
  • travel medical insurance
  • health insuranceInsurance that pays for medical costs such as doctor visits, tests, hospital stays and surgery, up to the limits in the policy.
  • personal accident insuranceInsurance that pays a fixed amount if the insured person dies, is permanently disabled or needs medical treatment because of an accident.
  • coverageThe protection a policy gives: which risks, losses and amounts the insurance company will pay for.
  • exclusionA situation, cause or type of loss that a policy clearly says it does not cover.

This word in other fields

The same English word can have a different meaning in another field:

More terms: Life & Health Insurance

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This page explains English vocabulary for learners. It is not financial advice.