Travel agency liability insurance China Life

Travel agency liability insurance is a type of insurance that covers legal liability for accidents caused by negligence and negligence of travel agencies in the process of organizing travel activities. The insured of this insurance is the travel agency. After purchasing insurance, if a liability accident occurs, the insurance company will compensate the innocent injured passengers as soon as possible. Travel agency liability insurance has a strong social welfare aspect. The travel agency liability insurance nationwide unified insurance demonstration project is insured by PICC Property & Casualty Co., Ltd., China Pacific Property & Casualty Insurance Co., Ltd., Ping An Property & Casualty Insurance Co., Ltd. of China, China Continent Property & Casualty Insurance Co., Ltd., and China Life Property & Casualty Insurance Co., Ltd. Co., Ltd., Taiping Property Insurance Co., Ltd., etc., *** Insurance will provide insurance services to all travel agencies that voluntarily participate in the unified insurance demonstration project. Among them, PICC Property & Casualty Co., Ltd. was selected as the chief underwriter and received 45% of the insurance share, China Pacific Property & Casualty Insurance Co., Ltd. received 15% of the insurance share, and the remaining four insurance companies each received 10%. . The relevant person in charge of the National Tourism Administration said that the implementation of nationwide travel agency liability insurance will better protect the interests of tourists and improve the level of tourism management. The policyholder qualification requirements for travel agency liability insurance and travel accident insurance are different. The policyholder (same as the insured) of travel agency liability insurance must be a company registered in accordance with the law within the territory of the People's Republic of China and hold a travel agency business license. Currently, there are more than 20,000 people across the country who meet this qualification requirement. They can purchase travel agency liability insurance and enjoy basic protection. However, various organizations or companies that do not have a travel agency business license, such as clubs, self-guided travel organizations, conference companies, etc., are not allowed to insure travel agency liability insurance, so there are great risks in the process of organizing travel. Although such groups generally state that they bear their own risks and take care of their own insurance before organizing travel activities, when an accident actually occurs, the responsibility of the organizer is often unshirkable. The policy holder of travel accident insurance can be a legal person or a natural person. As long as the insured (tourist) agrees with the policy holder to insure it, it meets the requirements and can be insured. After purchasing travel accident insurance, you can transfer the risks caused by accidents within the scope of insurance liability, reducing or making up for the losses of travel organizers.

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