World Insurance

Definition

  • A type of liability insurance policy that provides the policyholder insurance coverage worldwide. Companies that operate globally or work with international partners may need this form of coverage.

Synonyms
world-wide insurance, global coverage

Related Terms and Acronyms

  • Coverage Area Definition,
    • A geographical area where travel insurance coverage applies.
  • Insurance (insur) Abbreviation,
    • An arrangement where one party provides financial protection to another party for specific damages or losses.
  • Travel Insurance Definition, Very Important,
    • Insurance that covers a number of events that can occur when an individual is travelling out of the province or country.
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