(Photo credit: Greg Rakozy via Unsplash.)
We hope our covered agents never need to make that call. But unfortunately, unforeseen circumstances happen that sometimes end in emergencies for you or your clients.
Natural disasters, terrorist incidents and random accidents can befall your travelers at any time, and even though you’re not at fault, the list of strange and unbelievable events that could cause a claim to be filed against you as a travel professional is staggering.
Our real-life claims have ranged from stolen luggage to a travel group passing away in a bus crash. Claim amounts have ranged from a few hundred dollars to seven figures.
The purpose of errors-and-omissions insurance is to protect you financially if one of these unforeseen business-critical events occur. The video below answers our most asked questions about E&O.