What does Epidemic mean? Read on to discover the definition & meaning of the term Epidemic - to help you better understand the language used in insurance policies.
An epidemic refers to the rapid spread of a disease within a certain geographical area within a relatively short period. It is not to be confused with a pandemic, which is, to put it simply, a worldwide epidemic. In the context of insurance, some travel insurance policies may reimburse policyholders for trip cancellation or interruption due to an epidemic. Moreover, evacuation coverage can pay for the costs to bring the policyholder to a health care facility or back home.
We hope the you have a better understanding of the meaning of Epidemic.