Scheduled Departure Date
Definition - What does Scheduled Departure Date mean?
A scheduled departure date is the specific day that an individual or a group is supposed to begin their trip, according to prearranged plans. Scheduled departure dates are used by travel insurance companies to help figure out exactly how long the trip will be, and thus how much coverage will be required for the traveling party.
Insuranceopedia explains Scheduled Departure Date
Travel insurance can cover many different trips of many different lengths. However, in order for a travel insurance company to be able to create an appropriate policy for a party, it must know how long the trip is going to be. The length and expense of the trip determine what type of coverage that will be offered, and what type of premium will be charged. An example of a scheduled departure date would be if a family is planning to go on a trip to the Bahamas on July 8th. In this case, July 8th would be the scheduled departure date.
Key Trends in International Private Medical Insurance for 2016