Transportation Ticket Insurance
What Does Transportation Ticket Insurance Mean?
Transportation ticket insurance is an accident policy that provides coverage to the insured party during a single trip on a common carrier, such as an airplane or train.
Because the payout is tied to death or injury during the trip, this product works much like a short-term accidental death benefit, just narrowed down to one journey on one carrier.
Insuranceopedia Explains Transportation Ticket Insurance
Transportation ticket insurance earned its name because it was originally included with the ticket. However, it is now sold separately and is often available through vending machines in airports.
For travelers who want broader protection that covers them whether they’re on a plane, in a car, or at home, comparing top life insurance companies usually makes more sense than buying single-trip coverage at the gate.
