Overseas travel insurance
A policy providing medical, financial and other assistance during international travel, covering medical help, delay in baggage clearance and accident, by reimbursement up to the maximum stated.
This one is not written up yet
The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.
Written up from the same chapter
- No claim bonusThe benefit of a lower premium in later years for each claim-free year — in motor insurance a discount of up to 50% on the own-damage premium after five claim-free years.
- Personal accident insuranceA policy paying a defined sum where the insured sustains bodily injury solely and directly from an accident caused by external, violent and visible means — covering three grades of disablement.
Where this is taught
Free preparation for NISM Series X-B← All terms