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Definition of

travel accident insurance


travel insurance provided by credit card company a form of insurance coverage offered by some credit card companies when the whole or part of a travel arrangement is paid for with the card. In the event of death resulting from an accident in the course of travel, or the loss of eyesight or a limb, the credit card company will pay the cardholder, or his or her estate, a pre-stipulated sum.

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Definitions of ’travel accident insurance’ and meaning of ’travel accident insurance’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’travel accident insurance’ and other financial terms with our online QFINANCE Financial Dictionary.

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