What does Scheduled Departure Date mean? Read on to discover the definition & meaning of the term Scheduled Departure Date - to help you better understand the language used in insurance policies.
Scheduled Departure Date
A scheduled departure date is the specific day that an individual or a group is supposed to begin their trip, according to prearranged plans. Scheduled departure dates are used by travel insurance companies to help figure out exactly how long the trip will be, and thus how much coverage will be required for the traveling party.
More Insurance Terms And Definitions
The Merriam-Webster Dictionary defines insurance as:
b: Coverage by contract whereby one party undertakes to indemnify or guarantee another against loss by a specified contingency or peril.
c: The sum for which something is insured.
We hope the you have a better understanding of the meaning of Scheduled Departure Date. If you are looking for the meanings of other important insurance terms and their definitions, just click on the letter below to find the words & concepts you are looking for: