Definition: Costco Travel Insurance refers to a type of comprehensive travel insurance that allows passengers to purchase coverage for unexpected medical expenses, lost baggage, lost personal belongings, delayed flights, cancellations or evictions from hotels, car breakdowns, theft, damage to property, and even accidental death on a flight. The insurance covers these events under specific coverage limits depending on the destination. The cost of Costco travel insurance varies based on factors such as your individual circumstances (like medical expenses, baggage claim costs), your policy type (e.g., comprehensive or standard coverage), and any restrictions placed by Costco for policies within their network. The word "costco travel insurance" refers to a specific type of travel insurance that is specifically designed and marketed by Costco. It covers various types of unforeseen events such as medical expenses, baggage issues, lost property, cancellations, flights, theft, etc., under certain coverage limits.