Sports Insurance Glossary : Letter T

Theft Insurance - Protection for loss of property due to stealing, including burglary, robbery and larceny.

Third Party - A person who files a liability insurance claim against another person or entity (first party).

Tort - Any wrongful act, damage or injury done willfully, negligently or in circumstances involving strict liability, but not involving breach of contract, for which a civil lawsuit can be brought.

Total Disability - Disability that prevents a person from performing (a) any of his/her occupational duties, or (b) any duties for which he/she is reasonably qualified. Definitions vary within policies.

Towing Coverage - Insures against charges for towing and road service at the place of disablement, with a maximum amount stipulated for each occurrence.