How long is the insurance period of travel agency liability insurance?

The insurance period of travel agency liability insurance is 1 year.

Travel agency liability insurance is the insurance that travel agencies must insure, which mainly protects tourists from economic losses caused by the negligence or negligence of the insured. The right of a travel agency to claim compensation or pay insurance money from an insurance company shall be extinguished if it fails to exercise it for two years from the date of knowing the occurrence of the insured accident.

Travel agency liability insurance is a kind of insurance that covers the legal responsibility that travel agencies should bear for accidents caused by negligence and negligence in the process of organizing tourism activities. The applicant of this insurance is a travel agency. After insurance, in the event of a liability accident, the insurance company will compensate the innocent injured passengers at the first time. Travel agency liability insurance has a strong social welfare.

The applicant of travel agency liability insurance (together with the insured) must be a company legally registered in People's Republic of China (PRC) and holding a travel agency business license. There are more than 20,000 applicants in China who meet this qualification requirement, and they can apply for travel agency liability insurance and enjoy basic protection.

However, clubs, self-help travel agencies, conference companies and other organizations or companies that do not have the business license of travel agencies can not insure travel agency liability insurance at present, so there are great risks in the process of organizing tourism. Although such groups usually express their risks and insurance before organizing tourism activities, once a real accident happens, the organizer's responsibility is often unshirkable. The applicant for travel accident insurance can be a legal person or a natural person. As long as the insured (tourists) agree with the insured, they meet the requirements and can be insured. After taking out travel accident insurance, the risks caused by accidents within the scope of insurance liability can be transferred, reducing or making up for the losses of travel organizers.

In dispute mediation and accident handling, the mediation center composed of Jiang Tai insurance brokers and travel experts will be responsible for it, and Jiang Tai insurance brokers will set up 400 service hotlines to provide professional services for travel agencies.

Mediation processing centers will be set up in three levels, one is the national mediation processing center, the other is the provincial mediation processing center with a certain unified insurance scale, and the third is the local mediation processing center with setting conditions to ensure the protection of tourists' rights and interests and give full play to the function of travel agency liability insurance.

In order to ensure quick settlement of claims, the unified insurance agreement stipulates that tour guides and tour leaders can pay the loss of 1000 yuan (500 US dollars overseas) on the spot, and then receive compensation with medical documents and compensation agreement. In addition, a special fund of 30 million yuan will be set up to deal with the advance payment, advance payment and public assistance for major events.