Loan Maturity: A loan's maturity refers to a loan's
final payment date.
No further payment is required until
the final payment date as specified on your invoice.
Please see your invoice for more information on deposit and / or
final payment dates.
If a booking cancellation is received by Globus prior to
the final payment date of your vacation, your non-refundable vacation deposit and Travel Protection payments will be retained in addition to your Flex - Air deposit, Instant Purchase Air payment and service fee, and / or intra-vacation air deposit or payment as noted below.
If a booking cancellation is received by Cosmos prior to
the final payment date of your vacation, your non-refundable land deposit and Travel Protection payments will be retained in addition to your Flex - Air deposit, Instant Purchase Air payment and service fee, and / or intra-vacation air deposit or payment.
Singles Travel guarantees a roommate if you pay in full by
the final payment date.
Final payment date can determine eligability for certain coverage such as pre-existing medical conditions.
And many policies offer a pre-existing condition exclusion waiver: Generally, you have to purchase the insurance within a certain number of days of the initial trip deposit or by
the final payment date, cover the entire cost and length of your trip, and be medically able to travel when you purchase the policy.
If a cruise is more expensive than the airfare, then the date the cruise is paid in full serves as
the final payment date.
A few providers offer coverage if the policy is purchased before
the final payment date.
There are two companies that use
the final payment date instead of the trip deposit date to determine whether pre-existing conditions are covered.
Maturity (Loan Term): Maturity date refers to
the final payment date of a loan or other financial instrument, at which point the principal (and all remaining interest) is due to be paid.