Transportation Ticket Insurance
Definition of "Transportation ticket insurance"
Accident policy that covers a traveler for a single trip on an airplane or other common carrier. The name comes from its origin as part of the ticket or ticket stub, but these policies are no longer sold with the ticket. They are commonly sold in airports, often from vending machines.
Popular Insurance Terms
Fairness (as an objective of insurance pricing). Premium rates are set according to expectation of loss among a classification of policy owners. The premise is that all insureds with the ...
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Frequency of illness, sickness, and diseases contracted. ...
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