Your Ultimate Travel Insurance Glossary: Terms starting with E
Glossary on Travel Insurance Terms starting with E
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.
E | |||||||||
| Y | Z | | | |
1. Effective Date: The date when your travel insurance policy becomes active and coverage begins. This date is typically specified in the policy documents and usually starts when you depart on your trip or purchase the policy, depending on the terms.
2. Emergency Assistance: A service provided by travel insurance companies that offers 24/7 support for emergencies, including medical referrals, evacuation coordination, and assistance with lost travel documents.
3. Emergency Evacuation: Coverage for transportation costs if you must be moved to the nearest appropriate medical facility in case of a serious illness or injury during your trip. This may include airlifts or medically equipped flights.
4. Emergency Medical Expenses: Coverage for medical costs incurred due to an unexpected illness or injury while traveling. This includes hospital stays, doctor visits, medications, and other treatments deemed necessary by medical professionals.
5. Emergency Medical Reunion: Coverage for travel expenses to bring a family member or friend to your bedside if you are hospitalized during your trip. This benefit can include round-trip airfare and accommodation costs for the companion.
6. Emergency Dental Coverage: Coverage for urgent dental treatment required due to an accident or sudden dental issue while traveling. It usually includes procedures like extractions, fillings, or emergency repairs.
7. Exclusions: Specific conditions or circumstances listed in the policy that are not covered by the insurance. Common exclusions include pre-existing conditions, self-inflicted injuries, and injuries sustained while participating in high-risk activities without additional coverage.
8. Expiry Date: The date when your travel insurance policy ends and coverage ceases. This date is typically specified in the policy and usually coincides with the end of your trip or a specified duration from the start date.
9. Extended Coverage: Additional insurance that can be purchased to extend the duration or expand the scope of your existing travel insurance policy. This can include extra days of coverage or added benefits like adventure sports coverage.
10. Expatriate Insurance: A type of insurance designed specifically for individuals living abroad. It typically includes comprehensive health coverage, emergency evacuation, and other benefits tailored to the needs of expatriates.
11. Evacuation Insurance: Coverage for costs associated with emergency evacuation due to medical reasons or security threats. This can include transport to the nearest adequate medical facility or safe location.
12. Excess: The amount you are required to pay out-of-pocket before your travel insurance coverage kicks in. Also known as a deductible, it applies to claims for medical expenses, trip cancellations, and other covered events.
13. Excess Waiver: An optional add-on that eliminates the need to pay the excess in the event of a claim. Purchasing this waiver means the insurance company will cover the full amount of the claim without requiring an initial payment from you.
14. Ex Gratia Payment: A payment made by an insurance company as a gesture of goodwill, without admitting liability or obligation under the policy terms. This is typically offered in exceptional circumstances.
15. Expat Medical Insurance: A type of health insurance tailored for expatriates that covers medical expenses, including hospitalization, outpatient treatments, and sometimes dental and vision care, while living abroad.
16. Exclusion Period: A specific time period during which certain conditions or incidents are not covered by the insurance policy. This often applies to pre-existing conditions or new policies where coverage begins only after a set period.
17. Expatriation Insurance: Insurance coverage specifically designed for expatriates that provides a broad range of benefits, including health, travel, and sometimes property insurance, while living abroad.
18. Extended Travel Insurance: A policy that covers trips longer than the standard duration offered by most travel insurance plans, typically for long-term travelers, backpackers, or those on extended vacations.
19. Emergency Transportation: Coverage for the cost of transportation to a medical facility in the event of a severe illness or injury. This can include ground ambulance, air ambulance, or other necessary transportation methods.
20. Emergency Travel Assistance: A service provided by the insurer to assist with non-medical emergencies such as lost passports, legal issues, or emergency travel arrangements.
21. Epidemic Coverage: Insurance coverage that provides benefits if you are affected by an epidemic while traveling. This can include medical expenses, trip cancellation, or trip interruption due to an outbreak.
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22. Evacuation and Repatriation: Coverage for the costs of evacuating you to a safe location or repatriating you to your home country in case of a medical emergency or severe incident that makes it unsafe to continue your trip.
23. Evidence of Coverage: A document provided by the insurance company that outlines the specifics of the coverage, including benefits, exclusions, and terms and conditions. This is often required when filing a claim.
24. Excess Insurance: Supplemental insurance designed to cover the excess amount that you must pay out-of-pocket on a primary insurance policy. This can help reduce the financial burden in the event of a claim.
25. Extension of Stay Coverage: An optional benefit that allows you to extend your travel insurance coverage if you decide to prolong your trip beyond the original end date of the policy.
26. Expiry of Coverage: The end of the insurance coverage period as specified in the policy. Once the coverage expires, you are no longer entitled to benefits under that policy.
27. Evacuation Services: Services included in some travel insurance plans that organize and facilitate the evacuation of a traveler in case of a medical emergency, natural disaster, or political unrest.
28. Expatriate Health Insurance: A health insurance policy specifically tailored for individuals living outside their home country, offering comprehensive medical coverage, including preventive care, emergency treatment, and chronic disease management.
29. Expense Reimbursement: The process of claiming back expenses that you have incurred due to a covered event under your travel insurance policy. This can include medical bills, trip interruption costs, or emergency transportation fees.
30. Emergency Contact Information: A section in your travel insurance policy where you can list emergency contacts. This information is crucial for coordinating assistance in case of an emergency during your trip.
31. Economic Sanctions Exclusion: A clause in some travel insurance policies that excludes coverage for trips to or claims arising from countries subject to economic or trade sanctions.
32. Emergency Medical Repatriation: Coverage that pays for the costs of returning you to your home country for medical treatment if you are unable to receive adequate care at your travel destination.
33. Extended Stay Benefits: Additional benefits that apply if your return home is delayed due to a covered event. This can include coverage for accommodation, meals, and transportation until you can return home safely.
34. Emergency Medical Treatment: Immediate medical care provided for unexpected illnesses or injuries that occur while traveling. This treatment is typically covered by travel insurance under emergency medical expense benefits.
35. Emergency Reunion: Coverage that pays for travel expenses for a family member or friend to join you if you are hospitalized abroad for an extended period. This can include airfare, accommodation, and meal expenses.
36. Emergency Room (ER) Visit: Coverage for medical expenses incurred if you need to visit an emergency room while traveling due to a sudden illness or injury.
37. Evacuation Costs: The expenses associated with transporting you to the nearest adequate medical facility or back to your home country in the event of a medical emergency. This can include air ambulance or other specialized transportation services.
38. Event Cancellation Insurance: Insurance that provides coverage for non-refundable expenses if a planned event you are attending (such as a wedding, concert, or conference) is canceled for a covered reason.
39. Evidence of Loss: Documentation required by the insurance company to process a claim. This can include police reports, medical records, receipts, and other proofs of the incident and expenses incurred.
40. Excess Waiver: An optional add-on to an insurance policy that eliminates the excess (deductible) you would have to pay in the event of a claim, ensuring you receive full reimbursement.
41. Expat Insurance: A comprehensive insurance package tailored for expatriates that can include health, travel, life, and property insurance coverage.
42. Extended Medical Coverage: An enhancement to standard travel insurance that provides additional medical benefits, often including higher limits or coverage for more types of medical treatment.
43. Extended Trip Interruption: Additional coverage that provides financial protection if you need to cut your trip short due to a covered event, extending beyond the standard trip interruption benefits.
44. Extended Stay Coverage: A provision in some travel insurance policies that covers expenses if you have to stay longer than planned due to a covered event, such as a natural disaster or personal emergency.
45. Exclusion Waiver: A provision that allows you to waive certain exclusions in your travel insurance policy, typically at an additional cost. This can include pre-existing medical conditions or high-risk activities.
46. Emergency Assistance Hotline: A 24/7 service provided by the travel insurance company to offer immediate help and support in emergencies, including medical, legal, and travel assistance.
47. Electronic Device Coverage: Insurance coverage for electronic devices like smartphones, laptops, and tablets against loss, theft, or damage while traveling.
48. Emergency Dental Treatment: Coverage for urgent dental care needed due to an injury or sudden dental issue that occurs while traveling.
49. En Route Coverage: Insurance that provides protection during your journey to and from your travel destination, covering incidents such as trip delays, lost luggage, or medical emergencies.
50. Excursion Protection: Coverage that includes protection for prepaid excursions and activities, reimbursing you if you cannot participate due to a covered reason.
51. Emergency Travel Fund: An amount set aside in a travel insurance policy to cover unexpected expenses that arise from emergencies, such as medical bills or additional travel costs.
52. Electronic Funds Transfer (EFT): A method for receiving claim payments directly into your bank account via electronic transfer, offering a faster and more convenient way to get reimbursed.
53. Evacuation Assistance: Services provided to arrange and facilitate your evacuation in case of medical emergencies, natural disasters, or political unrest, ensuring you are transported to a safe location.
54. Expatriate Travel Insurance: A travel insurance policy designed specifically for expatriates, providing coverage for international travel as well as health and safety concerns while living ab
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