Common Definitions of Vacation Rental Insurance Terms
If you have questions regarding any Vacation Rental Insurance
please contact CSA directly at (866) 999-4018.
Vacation Rental Insurance policies can contain technical industry terms that make reading a challenge. To avoid confusion, CSA has 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.
- ACCIDENT
- means a sudden, unexpected, unintended and external event, which causes Injury.
- ACCOMMODATION
- means any establishment used for the purpose of temporary, overnight lodging for which a fee is paid and reservations are required.
- ACTUAL CASH VALUE
- means purchase price less depreciation.
- BAGGAGE
- means luggage, personal possessions and travel documents taken by you on the Covered Trip.
- COMMON CARRIER
- means any land, water or air conveyance operated under a license for the transportation of passengers for hire, not including taxicabs or rented, leased or privately owned motor vehicles.
- COVERED TRIP
- means: 1) A period of round-trip travel away from Home to a destination outside your city of residence; the purpose of the trip is business or pleasure and is not to obtain health care or treatment of any kind; the trip has defined departure and return dates specified when the Insured enrolls; the trip does not exceed 180 days.
- DOMESTIC PARTNER
- means a person who is at least eighteen years of age and you can show:
- evidence of financial interdependence, such as joint bank accounts or credit cards, jointly owned property, and mutual life insurance or pension beneficiary designations;
- evidence of cohabitation for at least the previous 6 months; and
- an affidavit of domestic partnership if recognized by the jurisdiction within which they reside.
- ELECTIVE TREATMENT AND PROCEDURES
- means any medical treatment or surgical procedure that is not medically necessary including any service, treatment, or supplies that are deemed by the federal, or a state or local government authority, or by us to be research or experimental or that is not recognized as a generally accepted medical practice.
- FAMILY MEMBER
- includes your or your Traveling Companion’s dependent, spouse, child, spouse’s child, son/daughter- in-law, parent(s), sibling(s), brother/sister, grandparent(s), grandchild, step-brother/sister, step-parent(s), parent(s)-inlaw, brother/sister-in-law, aunt, uncle, niece, nephew, guardian, Domestic Partner, foster child, or ward.
- FINANCIAL INSOLVENCY
- means the total cessation or complete suspension of operations due to insolvency, with or without the filing of a bankruptcy petition, whether voluntary or involuntary, by a tour operator, cruise line, airline, rental car company, hotel, condominium, railroad, motor coach company, or other supplier of travel services which is duly licensed in the state(s) of operation other than the entity or the person, organization, agency or firm from whom you directly purchased or paid for your Covered Trip. There is no coverage for the total cessation or complete suspension of operations for losses caused by fraud or negligent misrepresentation by the supplier of travel services.
- HOME
- means your primary or secondary residence.
- HOSPITAL
- means an institution, which meets all of the following requirements:
- it must be operated according to law;
- it must give 24-hour medical care, diagnosis and treatment to the sick or injured on an inpatient basis;
- it must provide diagnostic and surgical facilities supervised by Physicians;
- registered nurses must be on 24-hour call or duty; and
- the care must be given either on the hospital's premises or in facilities available to the hospital on a prearranged basis.
- INJURY
- means bodily harm caused by an Accident which: 1) occurs while your coverage is in effect under the plan; and 2) requires examination and treatment by a Physician. The Injury must be the direct cause of loss and must be independent of all other causes and must not be caused by, or result from, Sickness.
- INSURED
- means an Eligible Person who arranges a Covered Trip and pays any required plan payment.
- INSURER
- means Stonebridge Casualty Insurance Company.
- OTHER COVERED EVENTS
- means only the following unforeseeable events or their consequences which occur while coverage is in effect under this Policy:
- Common Carrier delays resulting from inclement weather, or mechanical breakdown of the aircraft, ship or boat or motor coach on which you are scheduled to travel, or organized labor strikes that affect public transportation;
- arrangements canceled by an airline, cruise line, motor coach company, or tour operator, resulting from inclement weather, mechanical breakdown of the aircraft, ship or boat or motor coach on which the Insured is scheduled to travel, or organized labor strikes that affect public transportation.
- OTHER VALID AND COLLECTIBLE GROUP INSURANCE
- means any group policy or contract which provides for payment of medical expenses incurred because of Physician, nurse, dental or Hospital care or treatment; or the performance of surgery or administration of anesthesia. The policy or contract providing such benefits includes group or blanket insurance policies; service plan contracts; employee benefit plans; or any plan arranged through an employer, labor union, employee benefit association or trustee; or any group plan created or administered by the federal or a state or local government or its agencies. In the event any other group plan provides for benefits in the form of services in lieu of monetary payment, the usual and customary value of each service rendered will be considered a Covered Expense.
- PHYSICIAN
- means a person licensed as a medical doctor by the jurisdiction in which he/she is resident to practice the healing arts. He/she must be practicing within the scope of his/her license for the service or treatment given and may not be you, a Traveling Companion, or a Family Member of yours.
- PRE-EXISTING CONDITION
- means an illness, disease, or other condition during the 180-day period immediately prior to your
effective date for which you or your Traveling Companion or Family Member is scheduled or booked to
travel with you:
- received, or received a recommendation for, a diagnostic test, examination, or medical treatment; or
- took or received a prescription for drugs or medicine.
- Pre-Existing Condition Exclusion
- May apply to specific coverages. Please refer to the Policy/Certificate of Insurance for details.
- Pre-Existing Condition Exclusion Waiver
- May apply to specific coverages. Certain requirements apply. Please refer to the Policy/Certificate of Insurance for details.
- SCHEDULED DEPARTURE DATE
- means the date on which you are originally scheduled to leave on your Covered Trip.
- SCHEDULED RETURN DATE
- means the date on which you are originally scheduled to return to the point where the Covered Trip started or to a different final destination.
- SCHEDULED TRIP DEPARTURE CITY
- means the city where the scheduled trip on which you are to participate originates.
- SICKNESS
- means an illness or disease of the body which requires examination and treatment by a Physician.
- TERRORIST ACT
- means 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.
- TRAVELING COMPANION
- means a person whose name(s) appear(s) with you on the same Covered Trip arrangement and who, during the Covered Trip, will share Accommodations with you in the same room, cabin, condominium unit, apartment unit, or other lodging.
- UNINHABITABLE
- means the dwelling is not suitable for human occupancy in accordance with local public safety guidelines.
- USUAL AND CUSTOMARY CHARGE
- means those charges for necessary treatment and services that are reasonable for the treatment of cases of comparable severity and nature. This will be derived from the mean charge based on the experience in a related area of the service delivered and the MDR (Medical Data Research) schedule of fees valued at the 100th percentile and the Anesthesia Relative Value Guide.