Travel Insurance Insurance coverage for pitfalls associated with travel. The coverage can be classified as follows:

1. Trip Cancellation —the traveler(s) must cancel the trip because of unforeseen circumstances such as an illness;

2. Trip Interruption —coverage in the event a trip is terminated because of illness or hotel ceases to continue to operate;

3. Lost Luggage— valuables are lost and expenses are incurred because of the inconvenience;

4. Default Protection —a trip is cancelled because a carrier or tour operator is no longer in business.

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Dictionary of Insurance Terms. Copyright © 2008 by Barron's Educational Series, Inc. All rights reserved.

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