Tourist Baggage Insurance
Definition of "Tourist baggage insurance"
Coverage for personal effects of a tourist, including apparel, books, toilet articles, watches, jewelry, luggage, portable typewriters, photographs and photography equipment and supplies. This is a specified peril insurance policy that specifically includes fire, lightning, damage due to automobile accident, theft of items in the care, custody, and control of a common carrier, and theft of items from the hotel room in which the insured tourist is registered. Excluded are baggage theft from checkrooms, baggage theft from hotel lobbies unless checked, items at the permanent premises of the insured tourist, and items that cannot be found but have not been stolen.
Popular Insurance Terms
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Based on historical loss experience, from which future loss experience is predicted. ...
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Circumstance in which there is a probability loss to personal property or real property resulting from property damage, destruction, or disappearance. ...
Proportion of losses incurred to premiums earned. This ratio indicates the amount of a premium dollar that is being consumed by losses. ...
Arbitrator who settles disputes over the amount of loss when an insurer and an insured do not agree. ...
Estate under the legal and administrative guidance of both the surety and the fiduciary. Any actions on the part of the estate requires the signatures of both in order to reduce the chances ...
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