Travel Accident Insurance
VISA credit card cardholders, their spouses and dependant children under 23 years of age, will be automatically covered worldwide against accidental bodily injuries, which are the sole cause of loss of life or dismemberment while traveling, boarding or descending from an aircraft operated by a scheduled airline registered with the OAG (Official Airline Guide) on a regularly scheduled flight, or a maritime or land conveyance operated by a licensed common carrier duly authorized to transport passengers, provided the full travel fare has been paid with the cardholder’s valid VISA credit card.
The cardholder is also entitled to this coverage when using a means of transportation, such as bus, authorized to transport passengers from the commercial carrier’s plane, if this is included in the ticket price or if the airport provides that type of transportation within its facilities.
If body injuries cause death or mutilation, including loss of sight, speech and hearing, benefits will be paid as described below:
Spouse, or, if none,
For losses resulting from the Insured person being unavoidably exposed to the elements due to an accident, the benefits will be payable as if resulting from an Injury. Loss must occur within 365 days of the accident.
The Company will pay the benefit for loss of life if the body of an Insured Person cannot be located within one year after the forced landing, stranding, sinking or wrecking of a conveyance in which such person was a passenger, then it shall have suffered loss of life within the meaning of the policy
** In the event of several deaths associated with the same Visa account in a single accident, the insurance company liability will be limited to a maximum coverage equivalent to the death benefit multiplied by two. Benefits will be paid to the beneficiary at pro rata up to the coverage maximum limit.
This insurance does not cover losses caused by:
The full coverage described herein is subject to changes or cancellation without prior notice. This coverage became effective on July 1st, 1997 and will expire on the date the Master Policy No. PA009-00155 is cancelled.
The insurance complete terms are outlined in the Master Policy filed with Visa International, Latin America and Caribbean Region, in Miami, Florida, U.S.A. In the event of discrepancies between any statement in this coverage description and the policy terms, the policy will prevail. The plan has been insured by New Hampshire Insurance Company, a company member of American International Group, 70 Pine Street, New York, NY 10005.