What is the insurance period of travel agency liability insurance?

According to Article 9 of the Travel Agency Liability Insurance Regulations, the travel agency liability insurance period is one year. According to Article 15, the right of travel agencies to claim compensation or pay insurance benefits from insurance companies shall be extinguished if they have not exercised it for two years from the date of knowing the occurrence of the insured accident.

According to Article 9 of the Travel Agency Liability Insurance Regulations, the travel agency liability insurance period is one year. According to Article 15, the right of travel agencies to claim compensation or pay insurance benefits from insurance companies shall be extinguished if they have not exercised it for two years from the date of knowing the occurrence of the insured accident.

During the validity period of this insurance contract, if the domestic and foreign tourists received by the insured suffer the following economic losses due to the negligence or fault of the insured, the insurer shall be responsible for the economic compensation that the insured should bear according to law:

(1) Economic losses and expenses caused by personal injury or death;

(2) Other related expenses incurred due to personal injury or death:

1, medical expenses;

2. If necessary, the transportation and accommodation expenses for close relatives to visit, the return expenses for accompanying children or elders, the transportation and accommodation expenses handled by travel agency personnel and medical personnel, the expenses for reissued travel documents and the expenses incurred due to travel delays;

(3) Losses caused by lost, damaged or stolen luggage;

(4) The litigation expenses with the prior written consent of the insurer.

The total compensation of each person in the above items (1) to (4) shall not exceed the compensation limit of each person listed in the schedule of this insurance policy.

When an insurance liability accident occurs, the insurer is also responsible for the necessary and reasonable expenses paid by the insured to reduce the liability for compensation and rescue the injured tourists and their property. The total compensation per person for this fee shall not exceed the compensation limit per person specified in the schedule of this insurance policy.