We live in a challenging litigious society and travel agents are not immune from
allegations of negligence, misrepresentation or inaccurate advice. Professionals
do make mistakes; even an incident where one simply forgets to do something or fails
to properly document their work can result in a lawsuit. The bottom line…
any firm that provides services for a fee has liability exposure, and needs professional
liability coverage.
iTravelInsured introduces a NEW Travel Agent’s Professional
Liability Program providing broad Errors and Omissions coverage that includes:
- Defense outside the limit of liability.
- Broad definition of Professional Services.
- Duty to Defend wording.
- $0 Deductible for up to $5,000,000 of E & O coverage.
- Identity Theft Protection that includes:
- Protection for Insured travel agency’s owners, managers, employees and their
family members that includes services to help restore a person’s identity
when personal information is lost or stolen.
- Protection for an Insured travel agent’s clients (up to 50,000 clients) against
Information Security Breach/Database Compromise.
The Travel Agent’s Professional Liability Program is underwritten by United
States Liability Insurance Group (USLI). USLI is a proud member of the Berkshire
Hathaway family of companies and one of only 20 A++ rated insurance groups in the
United States, as rated by A.M. Best. Berkshire Hathaway Group was recently voted
the #1 most admired Property & Casualty Company in the world (Fortune Magazine).
Insure your financial well-being with a stable Company that will be there to pay
your claim.
Not available in Louisiana
Claim Example
A travel agency counts among its clients a growing Manhattan software firm which
specializes in billing software. After two years of development, the president of
the software firm is finally ready to personally unveil the software which she believes
is superior to the market’s leader. The travel agent arranges the flights
and hotels for the firm’s president and three software developers to attend
the annual national conference of billing information technology specialists in
Hawaii; however, the agent fails to inform the foursome that a week earlier their
flight had been rerouted to leave from LaGuardia instead of Kennedy airport. As
a result, they miss their allotted time for the presentation, and their product
never gets the initial boost it needs. The software firm sues the travel agent for
$250,000 for a loss of business opportunity.