Your Ultimate Travel Insurance Glossary: Terms starting with C

Glossary on Travel Insurance Terms starting with C

Understanding travel insurance can be complex, but knowing the key terms and concepts can simplify the process. This glossary is designed to answer essential questions about travel insurance, such as “What is included in travel insurance?” and “What is LTA in travel insurance?” It covers a wide range of topics, from the most common type of travel insurance to specifics like global travel protection and what “worldwide” means in the context of coverage.

Whether you're curious about the duration of travel insurance, what international and domestic policies cover, or what travel insurance does not cover, this guide has you covered. Discover the different types of travel insurance, the importance of having coverage, and how global travel insurance terms apply, especially with considerations for COVID-19.

With clear explanations and examples, you’ll learn about global travel policies, what is covered in international travel insurance, and how to obtain the right travel insurance for your needs. Dive into our glossary to gain a comprehensive understanding of travel insurance and make informed decisions for your next trip.

To help you decode this complex landscape, we've compiled a comprehensive glossary from A to Z. Whether you're a seasoned traveler or a first-time explorer, this guide will equip you with the knowledge you need to understand and make the most of your travel insurance coverage.

A	B	C	D	E	F	G	H	I	J
K	L	M	N	O	P	Q	R	S	T
U	V	W	X	Y	Z

1. Cancellation Coverage: This refers to the protection provided by travel insurance against trip cancellation due to unforeseen circumstances such as illness, injury, or death of the insured or a family member, natural disasters, or other covered events.
2.  Coverage Limits: The maximum amount that an insurance policy will pay out for a covered loss or event. This can vary depending on the type of coverage and the insurance provider.
3. Claim: A formal request made by the policyholder to the insurance company for compensation or coverage for a covered loss or event.
4. Coverage: The scope of protection provided by an insurance policy, including the specific risks, events, or losses that are covered by the policy.
5. Collision Damage Waiver (CDW): An optional coverage often offered by rental car companies to protect the renter against financial liability for damage to the rental vehicle in the event of a collision.
6. Coinsurance: A cost-sharing arrangement where the insured and the insurance company each pay a percentage of covered expenses after the deductible has been met.
7. Comprehensive Coverage: A type of insurance coverage that provides protection against a wide range of risks and perils, often including coverage for trip cancellation, trip interruption, medical expenses, emergency evacuation, and more.
8. Cruise Insurance: A specific type of travel insurance designed to provide coverage for risks and events that are unique to cruises, such as trip interruption due to missed ports of call, itinerary changes, or medical emergencies onboard.
9. Coverage Period: The duration of time during which an insurance policy provides coverage, typically starting from the effective date
10. Civil Unrest Coverage: Protection provided by travel insurance for trip cancellation, interruption, or evacuation due to civil unrest, riots, or political instability in the destination country.
11. Coverage Exclusions: Specific risks, events, or circumstances that are not covered by an insurance policy. It's important for policyholders to review the exclusions carefully to understand what is not covered.
12. Coverage Gap: A period during which an individual is not covered by any insurance policy, often occurring when transitioning between different insurance plans or when coverage lapses.
13. Coverage Territory: The geographical area or region where an insurance policy provides coverage. This can vary depending on the type of policy and the insurance company.
14. Concierge Services: Additional services provided by some travel insurance companies to assist policyholders with travel-related tasks such as making reservations, booking activities, arranging transportation, and providing travel assistance.
15. Cancel for Any Reason (CFAR): An optional coverage upgrade that allows the insured to cancel their trip for any reason not covered by standard trip cancellation coverage, typically providing reimbursement for a portion of the prepaid and non-refundable trip expenses.
16. Coverage Verification: The process of confirming that an individual or event is eligible for coverage under an insurance policy, often requiring documentation or proof of eligibility.
17. Coverage Extension Rider: A type of optional coverage that can be added to an insurance policy to extend coverage for specific risks or events that are not included in the standard policy.
18. Coverage Renewal: The process of extending or renewing an existing insurance policy for an additional coverage period, typically requiring payment of a renewal premium.
19. Coverage Suspension: Temporarily halting or suspending coverage under an insurance policy for a specified period of time, often used when the insured will not be traveling or using the coverage temporarily.
20. Coverage Options: The different types of coverage available within a travel insurance policy, such as trip cancellation, trip interruption, medical coverage, baggage loss, and rental car coverage.
    
    
    
21. Coverage Period: The specific dates or duration for which an insurance policy provides coverage, including the start date and end date of the coverage.
22. Coverage Effective Date: The date when insurance coverage begins, usually specified in the insurance policy documents.
23. Coverage Exclusions: Specific situations, events, or circumstances that are not covered by an insurance policy, as outlined in the policy documents.
24. Coverage Limits: The maximum amount of coverage provided by an insurance policy for certain types of losses or expenses, such as medical expenses or trip cancellation costs.
25. Coverage Extensions: Additional protections or benefits that can be added to a basic insurance policy for an extra premium, expanding the scope of coverage beyond the standard provisions.
26. Coverage Termination: The end of insurance coverage, which can occur due to policy expiration, cancellation by the insured or the insurer, or other specified conditions.
27. Coverage Renewal: The process of extending or renewing an existing insurance policy for an additional coverage period, typically requiring payment of a renewal premium.
28. Coverage Gap: A period during which an individual is not covered by any insurance policy, often occurring when transitioning between insurance plans or when coverage lapses.
29. Coverage Exclusions: Specific situations, events, or circumstances that are not covered by an insurance policy, as outlined in the policy documents.
30. Coverage Suspension: Temporarily halting or suspending coverage under an insurance policy for a specified period of time, often used when the insured will not be traveling or using the coverage temporarily.
31. Coverage Options: Different types of coverage available within a travel insurance policy, such as trip cancellation, medical coverage, baggage protection, and more.
32. Coverage Limitations: Specific conditions or restrictions on the amount or extent of coverage provided by an insurance policy, such as maximum benefit limits or sub-limits for certain types of expenses.
33. Coverage Rider: An optional provision that can be added to a basic insurance policy to provide additional coverage for specific risks or events not covered by the standard policy.
34. Coverage Enhancement: An upgrade or enhancement to a standard insurance policy that offers expanded coverage or increased benefits for an additional premium.
35. Coverage Expiry: The date when insurance coverage ends, typically indicated in the policy documents and requiring renewal or extension to maintain coverage beyond that date.
36. Catastrophe Coverage: Protection provided by travel insurance for expenses incurred due to catastrophic events such as natural disasters, terrorism, or political unrest that disrupt travel plans.
37. Coverage Documentation: The paperwork or documents required by an insurance company to verify coverage eligibility or support a claim, which may include policy documents, receipts, medical records, and other relevant paperwork.
38. Coverage Premium: The cost or price paid by the insured to maintain insurance coverage, typically paid in regular intervals such as monthly or annually.
39. Coverage Review: A process conducted by the insured to assess their current insurance coverage, identify any gaps or deficiencies, and make adjustments or enhancements as needed.
40. Coverage Waiver: An agreement between the insured and the insurance company to waive certain coverage requirements or restrictions under specific circumstances, typically requiring mutual consent and documentation.
41. Coverage Provider: The insurance company or provider that offers and underwrites the insurance policy, responsible for processing claims, providing assistance, and fulfilling coverage obligations.
42. Coverage Renewal Notice: A notification sent by the insurance company to the insured reminding them of the upcoming expiration date of their insurance policy and providing instructions for renewal or extension.
43. Coverage Delay: A situation where the start of insurance coverage is postponed beyond the initially planned effective date, often due to administrative processing or underwriting requirements.
44. Coverage Inception: The beginning or commencement of insurance coverage, usually coinciding with the effective date specified in the insurance policy.
45. Coverage Expiry Date: The date on which insurance coverage ends, as specified in the policy documents, requiring renewal or extension to maintain coverage beyond that date.
46. Coverage Restoration: A feature of some insurance policies that reinstates coverage to its full limits after a covered claim has been paid, allowing the insured to continue to be protected against future losses.
    
    
    
47. Coverage Surcharges: Additional fees or charges imposed by insurance companies for certain types of coverage or high-risk activities, often added to the premium to reflect the increased risk.
48. Coverage Period Adjustment: A modification to the duration of insurance coverage, typically requested by the insured to align with changes in travel plans or itinerary.
49. Coverage Rescission: The cancellation or annulment of insurance coverage by the insurer, often due to misrepresentation, fraud, or non-disclosure of material facts by the insured.
50. Coverage Disclaimer: A statement or provision in the insurance policy documents that outlines the limitations, exclusions, and conditions of coverage, serving as a notice to the insured of their rights and obligations.
51. Coverage Sub-Limits: Specific monetary limits or caps imposed on certain types of coverage within an insurance policy, restricting the amount of reimbursement or benefits available for certain expenses or losses.
52. Coverage Confirmation: A formal acknowledgment or confirmation provided by the insurance company to the insured, verifying the existence and details of insurance coverage, typically issued after the policy has been purchased or renewed.
53. Coverage Extension: An option allowing policyholders to extend their insurance coverage beyond the original policy period, typically for an additional premium payment.
54. Coverage Deductible: The amount of money that the policyholder must pay out of pocket before the insurance coverage kicks in and the insurance company starts to pay for covered expenses.
55. Coverage Area: The geographical region or territory where the insurance policy provides coverage, which may vary depending on the type of policy and the insurance provider.
56. Coverage Upgrade: An option for policyholders to enhance their insurance coverage by adding additional benefits, increasing coverage limits, or expanding coverage options for an extra cost.
57. Coverage Review: An evaluation of the insurance coverage to ensure it meets the policyholder's needs and provides adequate protection for their travel plans, often conducted before purchasing or renewing a policy.
58.  Coverage Reimbursement: The process of receiving payment from the insurance company for covered expenses incurred during the trip, such as medical bills or trip cancellation fees.
59. Coverage Expiry Notice: A notification sent by the insurance company to the policyholder reminding them of the upcoming expiration date of their insurance coverage and providing instructions for renewal or extension.
60. Coverage Certificate: A document provided by the insurance company to the policyholder confirming the details of their insurance coverage, including the coverage period, coverage limits, and benefits included in the policy.
61. Coverage Gap Insurance: A type of insurance coverage designed to fill the gaps in existing insurance policies, providing additional protection for specific risks or events not covered by primary insurance policies.
62. Coverage Plan: The specific type of insurance policy purchased by the policyholder, which may include different levels of coverage and benefits depending on the chosen plan and the insurance provider.