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[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.
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