Glossary Terms: Travel Accident Insurance

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Credit Card Applications » Glossary » Travel Accident Insurance

Travel Accident Insurance

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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