Your Ultimate Travel Insurance Glossary: Terms starting with J & K
Glossary on Travel Insurance Terms starting with J & K
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.
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| Y | Z | | | |
J
Journey: A journey refers to a specific trip or vacation undertaken by an individual or group. It encompasses the period from departure to return and typically includes travel to one or more destinations.
Journey Interruption: Journey interruption coverage reimburses travelers for non-refundable trip expenses if their trip is cut short due to covered reasons such as illness, injury, natural disasters, or other unforeseen events.
Jurisdiction: Jurisdiction refers to the legal territory or geographical area where a travel insurance policy is valid and enforceable. Policies may have specific jurisdictions within which they provide coverage.
Junior: In some travel insurance policies, "junior" may refer to a dependent child or minor traveling with a parent or guardian who is the primary policyholder. Junior travelers are typically covered under the parent or guardian's policy.
Joint Venture: A joint venture in travel insurance involves collaboration between two or more insurance companies to offer a specific travel insurance product or service. Joint ventures enable insurers to pool resources and expertise.
Jury Duty: Some travel insurance policies offer coverage for expenses incurred if the insured individual is called for jury duty during their trip. This coverage may include reimbursement for additional travel expenses or non-refundable trip costs.
Job Loss: While not specific to travel insurance, job loss can be a covered reason for trip cancellation or interruption in some travel insurance policies. If the insured individual loses their job unexpectedly before or during their trip, they may be eligible for reimbursement of non-refundable trip expenses.
Jet Lag: Jet lag refers to the temporary disruption of the body's internal clock due to rapid travel across multiple time zones. While travel insurance typically doesn't cover jet lag directly, it's important for travelers to be aware of its effects and plan accordingly.
K
Kidnap and Ransom Coverage: Kidnap and ransom coverage is a specialized type of travel insurance that provides protection against the risk of kidnapping, extortion, or hijacking while traveling. It typically covers ransom payments, negotiation expenses, and other costs associated with resolving the situation.
Key Exclusions: Key exclusions refer to specific conditions or circumstances that are not covered by a travel insurance policy. These exclusions are outlined in the policy documentation and may include pre-existing medical conditions, high-risk activities, or acts of war.
Kilometer (km): Kilometer is a unit of measurement used to quantify distance. In travel insurance, it may be used to determine coverage limits or eligibility criteria based on the distance traveled from the insured's residence to the travel destination.
Knock-on Effect: The knock-on effect refers to the indirect consequences or secondary impacts of an event. In travel insurance, it may refer to additional expenses incurred due to a covered delay, cancellation, or interruption of travel plans.
Key Person Coverage: Key person coverage is a type of travel insurance that provides protection for individuals whose presence is essential to the success of a business or organization. It may include coverage for travel-related risks such as illness, injury, or death of key personnel.
Kiteboarding: Kiteboarding, also known as kitesurfing, is a water sport that combines elements of surfing, windsurfing, and paragliding. Some travel insurance policies may cover kiteboarding as an included or optional activity, while others may consider it a high-risk activity requiring additional coverage.
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