Also called Trip Insurance. A contract with an insurance company whereby you pay a fee, called a premium, and in exchange, the insurer reimburses you for the cost of travel if you are unable to go or the trip is interrupted. Covered claims include illness, bad weather, war, work demands, lost luggage and missed or cancelled flights. If you become ill while traveling, these policies will pay for your medical expenses and cost of evacuation to the U.S.
Glossary
Travel Cancellation and Medical Evacuation Insurance
Your A‑to‑Z Glossary of Financial Terms
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- 401(k) Plan
- 403(b) and 403(b)(7) Plans
- 457 Plan
- 529 Plan
a
- ACA
- Accredited Investor
- Action Bias
- Active Management
- Activities of Daily Living
- Actuary
- Adjustable Expense
- Adjustable-Rate Mortgage
- Adjusted Gross Income
- Advance Directive
- Affordable Care Act
- Agent
- Alpha
- Alternative Investments
- Amortization
- Anchoring Bias
- Annual Percentage Rate
- Annuitant
- Annuitization
- Annuitize
- Annuity
- Asset
- Asset Allocation
- Asset Classes
- Asset Management
- Asset Management Fee
- Asset Management Industry
- Asset Manager
- Assets Under Management
- Attorney in Fact
- Availability Bias
b
- Balance Sheet
- Bank
- Bankruptcy
- Bear Market
- Beating the Market
- Behavioral Bias
- Benchmark
- Beneficiary
- Beneficiary IRA
- Beta
- Bitcoin
- Blockchain
- Bond
- Bonus Annuity
- Broker
- Broker-Dealer
- Brokerage Firm
- Budget
- Budgeting
- Bull Market
- Business Continuity Insurance
- Buy-and-Hold
- Buy-Now Pay-Later Programs
c
- Call Option
- Capital Asset
- Capital Gain
- Capital Gains Tax Rate
- Capitalism
- Captive Agent
- Cash Equivalents
- Cash Reserves
- Cash Value
- Cash Value Life Insurance
- Catastrophizing Bias
- Central Bank
- Certificate of Deposit
- Certified Financial Planner®
- CFP® Board of Standards
- Charitable Contributions
- Checking Account
- Claim
- Closing
- Co-Insurance Cap
- Co-Pay
- Coincident Indicator
- Collateral
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- College Planning
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- Commercial Paper
- Commissions
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- Communism
- Compartmentalizing Bias
- Compound Interest
- Compounding
- Confirmation Bias
- Conflict of Interest
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- Coverage Percentage
- Credit
- Credit Bureau
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d
- Dealer
- Death Benefit
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- Debit Cards
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- Deductible IRA
- Deduction
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- Defined Benefit Plan
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- Depression
- Direct Rollover
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- Discretionary Authority
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- Diversification
- Dividend
- Dollar Cost Averaging
- Down Payment
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- Durable Power of Attorney
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e
- Earned Income
- Earned Income Tax Credit
- Earnings
- Economic Indicator
- Effective Tax Rate
- Efficient Frontier
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- Employee Benefit
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- Endowment Bias
- Endowment Fund
- Entrepreneurship
- Equifax
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- Estate Planning
- Estate Tax
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- Exchange-Traded Fund
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- Exclusion
- Executor
- Exemption
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- Exposome
f
- Face Value
- Fascism
- FDIC
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- Federal Deposit Insurance Corporation
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- FICA
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- Fiduciary
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- Financial Advisor
- Financial Firm
- Financial Industry Regulatory Authority
- Financial Literacy
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- Fitch
- Fixed Annuity
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- Flexible Spending Account
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- Form 1040
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g
- GDP
- Grantor
- Grantor Trust
- Greed
- Gross Domestic Product
- Gross Income
- Guaranteed Lifetime Income
- Guardian
h
- Harry Markowitz
- Health Care Power of Attorney
- Health Insurance
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- Healthspan
- Hedge
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- Herd Mentality Bias
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- Hospital Insurance
- Howey Test
i
- Illusion of Attention Bias
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- Immediate Income Annuity
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- Income
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- Internal Revenue Code
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- Investment-Grade
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- IRA
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- Issuer
j
- Joint and Survivor
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k
- Key Person Insurance
- Kidnap and Ransom Insurance
l
- Lagging Indicator
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- Lump Sum
m
- Major Medical Insurance
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n
- Nasdaq
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o
- Obamacare
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- Out of Force
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- Over-the-Counter
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- Overtime Pay
p
- Passive Income
- Passive Management
- Pattern Recognition Bias
- Payroll Tax
- Pension
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- Portfolio Manager
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- Premium
- Premium
- Prenuptial Agreement
- Primary Beneficiary
- Principal
- Private Equity
- Private Mortgage Insurance
- Probate
- Profit
- Profit-Sharing Contribution
- Profit-Sharing Plan
- Proof of Stake
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- Property and Casualty insurance
- Property Tax
- Proud Papa Bias
- Publicly Traded Company
- Purchasing Power
- Put Option
r
- Real Estate
- Real Estate Investment Trust
- Realized Capital Gain
- Rebalancing
- Recency Bias
- Recession
- Refinance
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- Regret Avoidance Bias
- Rent
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- Rollover
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- Rule of 55
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s
- Salary
- Sales Tax
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- Schedule C
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- Short-Term Capital Gains
- Single-Life Option
- SIPC
- Small-Cap
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- Social Security
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- S&P
- S&P 500 Stock Index
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- Speculative-Grade
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- Spread
- Stablecoins
- State Income Tax
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- Stock
- Stock Exchange
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- Student Loan
- Suitability
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t
- T-Bills
- T-Bonds
- T-Notes
- Tax Avoidance
- Tax Code
- Tax Credit
- Tax-Deductible
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- Tax Deferred
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- Tax-Efficient
- Tax Evasion
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- Tax-Free
- Tax-Loss Harvesting
- Tax Rate
- Tax Refunds
- Taxable Income
- Taxes
- Term Certain
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- Thrift Saving Plan
- Tips
- Tokens
- Trades
- Traditional IRA
- TransUnion
- Travel Cancellation and Medical Evacuation Insurance
- Treasury Bills
- Treasury Bonds
- Treasury Notes
- Trip Insurance
- Trust
- Trustee
- Trustee-to-Trustee Transfer
- Trustor
- Tuition Prepayment Plan
u
- U.S. Securities and Exchange Commission
- Umbrella Liability Insurance
- Underwriting
- Unemployment Rate
- Universal Life Insurance
- Utmost Good Faith
v
- Value-Added Tax
- Variable Annuity
- Variable Expense
- Variable Life Insurance
- Volatility
w
- Wages
- Waiting Period
- Ward
- Wealth Management Industry
- Whole Life Insurance
- Will
y
- Yield
z
- Zero-Coupon Bonds