Insurance Glossary

Vacation Rental Insurance policies can contain technical industry terms that make reading a challenge. To avoid confusion, the carrier as created the following list of definitions for a number of industry terms and phrases.

The following definitions are provided for informational purposes only. Please refer to your Vacation Rental Insurance Policy or Certificate of Insurance for definitions and coverages specific to your Policy/Certificate.

Pre-Existing Condition Exclusion Waiver

May apply to specific coverages. Certain requirements apply. Please refer to the Policy/Certificate of Insurance for details.
Origin: Vacation Rental Association

Pre-exsiting condition

An illness, disease, or other condition during the 180-day period immediately prior to the effective date for which the guest is scheduled or booked to travel (1) Received, or received a recommendation for, a diagnostic test, examination, or medical treatment; or (2) Took or received a prescription for drugs or medicine. * Item 2 of this definition does not apply to a condition which is treated or controlled solely through the taking of prescription drugs or medicine and remains treated or controlled without any adjustment or change in the required prescription throughout the 180-day period before coverage is effective under this Policy.
Origin: CSA Travel Insurance

Pre-exsiting condition exclusion

May apply to specific coverages. Please refer to the Policy/Certificate of Insurance for details.
Origin: Vacation Rental Association

Reservation Deposit

A certain amount of money collected upon booking that validates the rental contract. The reservation deposit can convert automatically in a damage deposit.
Origin: Vacation Rental Association

Resort View

When guests can see some or all of the resort they are staying in, from some area of the property, not necessarily from all ares of the property.. May include Full, Partial or Peekaboo Views
See also: View, Beach View, City View, Mountain View, Water View Origin: Vacation Rental Association

Scheduled Departure Date

The date on which a guest is originally scheduled to leave on a trip.
Origin: Vacation Rental Association

Scheduled Return Date

The date on which aguest is originally scheduled to return to the point where the Covered Trip started or to a different final destination.
Origin: Vacation Rental Association

Scheduled trip departure city

The city where the scheduled trip on which the guest participates originates.
Origin: Vacation Rental Association

Self Catering

A term sometimes used for vacation rentals primarily in Europe, South Africa, Australia, and New Zealand. Also applies to furnished apartments without an onsite cook.
Origin: Vacation Rental Association

Setting

The type of area in which a property is located. Such as at the Beach, in the Mountains, part of a Resort or in the City.
Origin: Vacation Rental Association

Sickness

An illness or disease of the body which: (1) Requires examination and treatment by a Physician; and (2) Commences while the plan is in effect.
Origin: Vacation Rental Association

Ski-In Accommodations

Building, rooms or living units in a ski resort area where guests can ski to the building or reasonably close to it. Could require guests to remove skis to access the building or its grounds. Not necessarily down hill to the building but access would usually be without major obstacles between the slopes and the accommodations.
See also: Ski-Out Accommodations, Ski-In Ski-Out Accommodations Origin: Vacation Rental Association

Ski-In and Ski-Out Accommodations

Building, rooms or living units in a ski resort area where guests can get out to access the ski lifts and return from the ski lifts directly from the slopes. Could require guests to walk short distances to reach snow. Not necessarily down hill to and from building to the slopes but access would usually be without major obstacles between the slopes and the accommodations.
See also: Ski-In Accommodations, Ski-Out Accommodations Origin: Vacation Rental Association

Ski-Out Accommodations

Building, rooms or living units in a ski resort area where guests can get out to access the ski lifts. Could require guests to walk short distances to reach snow. Not necessarily down hill from building to the slopes but access would usually be without major obstacles between the slopes and the accommodations.
See also: Ski-In Accommodstions, SkiInt and Ski-Out Accommodations Origin: Vacation Rental Association

Spa/Pool Heating Fee

A certain amount above and beyond the rental rate charged to renters wishing to use the heater on your pool or hot tub.
Origin: Vacation Rental Association

Supplier Bankruptcy or Default

Bankruptcy or default of an airline, cruise line or tour operator resulting in a complete cessation of travel services which occurs more than 14 days after your policy's effective date. To qualify for coverage you must purchase the insurance prior to or within 24 hours of making your final trip payment.
Origin: CSA Travel Protection

Termination

The basis on which a party to a contract - written or verbal - may terminate the contract.
Origin: Vacation Rental Association

Terrorist act

An act of violence, other than civil disorder or riot, (that is not an act of war, declared or undeclared) that results in loss of life or major damage to property, by any person acting alone or on behalf of or in connection with any organization which is generally recognized as having the intent to overthrow or influence the control of any government.
Origin: Vacation Rental Association

Towels

Fleece based materials used for bath towels, hand towes, wash clothes, bath mats
See also: Textles, fleece, bedding Origin: May, William

Travel Accident

Provides coverage for loss of limb or life in the event of an accident while traveling, or within 180 days after the accident due to the direct result of that accident.
Origin: CSA Travel Protection

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