Our Travel Agent Professional Liability (E&O) program is available for Retail Travel Agencies, Home Based Travel Agencies/Agents, Independent Contractors and Tour Operators. We offer a simple online engine to quote, bind and summarize your payment history and coverages. GL is available for retail and tour operators.
- Coverage: Travel Agent Errors and Omissions Liability w/General Liability
- Policy type: Occurrence
- Policy period: Annual Term
- Policy limits: $100k/$100k, $300k/$300k, $500k/$500k, $1m/$1m, $2m/$2m, $3m/$3m,
- $4m/$4m, $5m/$5m (Home Based Max is $1m/$1m)
- Target operations: Retail Travel Agents, Home Based Travel Agents, Tour Operators
- Limited operations: Adventure Travel, Student Travel
- Prohibited operations: Non Standard tour operators (Adventure and Student), Cruise Line Shore Excursion
- Operators
- Payment plans: 20% 8 pay, quarterly pay, EFT or Credit Card
- Fees: $25 policy fee, 2.4% credit card fee, $2 installment fee, $50 late fee, $50 reinstatement fee
- Deductibles: $500 min. deductible, various loss only deductibles or claim and expense deductibles
travel agency classifications
1. Retail Travel Agency (or Travel Agent) means an agency that sells services, travel accommodations,arrangements, tours, etc. directly to the public. For the purposes of this rating plan, an entity is deemed a travel agency if more than 50% of its Total Gross Receipts comes from services offered directly to thepublic. Additionally, to be considered a Travel Agency, no more than 10% of the applicant’s Total GrossReceipts are derived from the operation of tours and/or the provision of meeting services.
2. Home-Based Travel Agency (or Travel Agent) means an individual travel agent operating out of theirplace of residence, either independently or as an employee or independent contractor for another TravelAgency.
3. Independent Contractors are individuals operating on behalf of a host Travel Agency or Tour Operator swho sell or arrange travel through the host agency or company. These individuals may work out of their own office, whether home-based or retail, or may work at the host agencies premises either on a part-time or full-time basis. When requesting stand-alone coverage, for the purposes of this rating plan, these risks are considered Home-Based Travel Agents.
4. Tour Operator means a company that designs, packages, distributes and/or operates travel tours. TourOperators negotiate directly with the various suppliers (airlines, hotels, cruise lines, other Tour Operators,etc.) to design “package” tours. Tour operators can sell directly to the public (Retail Tour Operators) or through Travel Agents or other Tour Operators (Wholesale Tour Operators). For the purposes of this rating plan, an applicant will be considered a Tour Operator if more than 10% of the applicant’s Total Gross Receipts are derived from the operation of tours and/or the provision of meeting services. Nonstandard tour operators (adventure and student) and cruise line shore excursion operations are not eligible for this program.
- Minimum Premiums
- Retail Travel Agency – $650
- Home Based Travel Agency – $350
- Tour Operator – $1,000 for limits of $300k/$300k
- $1,250 for limits of $500k/$500k
- $1,500 for limits of $1m/$1m
- Coverage Features include
- General liability for retail and tour operators
- Bodily injury (arising out of services)
- Property damage (arising out of services)*
- Financial loss
- Personal injury
- *not available to home based travel agency
- Coverage Territory
- Worldwide
- Submission Requirements- (enter on line and fax document)
- Signed, Completed appropriate Liberty application
- Signed, supplemental claim form for each claim, open and closed, and any incident
- Signed, supplemental tour operator application (if applicable)
- Optional Coverages
- Additional Insureds
- Fire Legal Coverage (Policy includes a $50k aggregate limit – can purchase an additional $100k)*
- Extended General Liability (Medical Payments) Endorsement *
- Limited Form Advertising Injury Coverage
- Broad Form Advertising Injury Coverage *
- Prior Acts Coverage (for prior claims made policies)
- Independent Contractor **
- Travel Services Supplier Bankruptcy Liability***
- * offered to retail travel agency and tour operators only
- ** offered to retail travel agency only
- *** offered to home based travel agency only