[C051]
charter fare protection insurance
A specially designed insurance coverage for persons who have paid for the cost of a trip or tour. This policy provides coverage for individual insureds who are unable to participate in the specified trip or tour should an accident, injury, sickness, death or other covered incident occur. Coverage is also provided for expenses should the insured become ill or suffer a covered event while on the trip or tour and need to return home prior to the end of the trip or tour. Also known as trip cancellation insurance.