Travel Accident Insurance

What Does Travel Accident Insurance Mean?

Travel accident insurance is a type of policy that covers losses resulting from accidents occurring while the policyholder is traveling domestically or internationally. Depending on the terms, it may provide coverage for a single trip or multiple trips within a specified period.

Insuranceopedia Explains Travel Accident Insurance

During travel, unexpected expenses from travel-related accidents can be significantly costly. Travel accident insurance helps mitigate this risk by often covering medical expenses, emergency evacuation, repatriation of remains, funeral costs, accidental death, injury or disability benefits, and incidents involving acts of terrorism or war. It is particularly practical for frequent travelers or those visiting higher-risk regions.