What is the difference between travel liability insurance and travel accident insurance?

If you are an experienced traveler, you must be familiar with travel liability insurance. It can be said that travel liability insurance is an insurance product that every travel agency will insure for tourists, and it is also a basic protection for tourists. However, you will definitely find that having it alone cannot provide you with all the protection when traveling. Let’s follow this article to learn about the relevant content of travel liability insurance.

Basic contents of travel liability insurance

Before each trip, in accordance with the relevant regulations of national travel agencies, each travel agency will take the initiative to purchase a travel liability insurance for you as you go out. Basic protection for travel. Travel liability insurance is purchased on an annual basis and is a one-time purchase with a one-year insurance period.

It should be noted here that the insurance amount of travel liability insurance is the minimum insurance amount of the "three limits": liability compensation limit per person, liability compensation limit per accident, and annual cumulative liability compensation limit, among which The liability compensation limit per person is 80,000 yuan for domestic travel in China and 160,000 yuan for inbound and outbound travel. The liability compensation limit for each accident is 2 million yuan for domestic companies and 4 million yuan for international companies. The annual cumulative liability limit is 2 million yuan for domestic companies and 4 million yuan for international companies, and these three must be met at the same time.

What is the difference between travel liability insurance and travel accident insurance?

From the definition of relevant insurance and relevant legal regulations, "accident insurance" and "liability insurance" are two completely different types of insurance. Different types of insurance.

First, the policyholders are different. An insured person refers to a person who enters into an insurance contract with an insurer and is obligated to pay insurance premiums in accordance with the insurance contract. The policy holder of "accident insurance" is a tourist, and the travel agency only collects and pays the insurance premium, which is equivalent to an agent. In the travel contract, the travel agency can directly list the insurance premiums for tourists to pay. The policyholder of "liability insurance" is the travel agency, and the insurance premium is paid by the travel agency and included in its cost. What kind of accident insurance includes accidental medical care? Which one offers more protection? Which one is more worth buying? Let’s take a look at some good accident insurance recommendations? The top 20 best-selling premium accident insurance products in 2020!

The second is that the insured is different. The insured refers to a person whose property or person is protected by an insurance contract and who has the right to claim insurance benefits. After an insured accident occurs, tourists have the right to claim for "accident insurance" insurance money, that is, the insurance company will directly pay compensation to the tourist himself; the travel agency has the right to claim for "liability insurance" insurance money, that is, the travel agency still has to fulfill its liability for compensation to tourists. , the insurance company only pays the insurance premium to the travel agency for the agreed amount. Which insurance company is the best? I just compiled the relevant content. I hope it will be helpful to you: the latest list! Ranking of the top ten insurance companies in the country

The third is the different insurance coverage. The scope of compensation of travel accident insurance should include the following compensations caused by accidents caused by tourists during travel: 1. Compensation caused by personal injury and death from acute illness; 2. Medical expenses for injuries and acute illness treatment; 3. Death disposal or remains Expenses required for repatriation; 4. Compensation required for lost, damaged or stolen luggage carried by tourists; 5. Compensation caused by third-party liability. The scope of travel agency liability insurance includes: 1. Liability for personal injury and death of tourists; 2. Liability for compensation for transportation and medical expenses incurred by tourists due to treatment; 3. Liability for compensation for the death of tourists and repatriation of remains; 4. Any necessary compensation for tourists. The rescue expenses include reasonable transportation, food and accommodation expenses for visiting close relatives when necessary, repatriation expenses for accompanying minors, transportation, meal and accommodation expenses for travel agency personnel and medical staff, and expenses for delayed itineraries. Liability for compensation such as reasonable expenses; 5. Liability for compensation caused by the loss, damage or theft of tourists’ luggage; 6. Litigation expenses arising from disputes over the liability of the travel agency; 7. Other liability for compensation agreed between the travel agency and the insurance company.

The above is the introduction of "travel liability insurance", I hope it will be helpful to everyone.