If i have local insurance, do I still need to apply for Excursion Liability Insurance?
As a tour or excursion operator, the first step in making sure that you have the minimum insurance for operating your business is complying with local insurance requirements. This local insurance coverage can indemnify you if your tour boat hits a dock or another boat or an employee crashes the company car. If your business is only focused on local inhabitants for the participants of your tours you might be able to get away with a simple insurance policy from a local insurance provider. However, if you want to contract your business with cruise lines you will need to have excursion insurance with complete, comprehensive liability, vehicle and/or watercraft coverage from a known carrier with a high credit rating to be acceptable to a cruise line.
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I own the company but not the equipment, can I still apply for Excursion Liability Insurance?
Yes, persons who have subcontractors are eligible to apply.
What is Liability Insurance?
Liability Insurance coverage provides protection for the insured from risk of liabilities imposed by lawsuits and other claims. Excursion liability insurance is required to allow small business tour and activity operators to be recommended to work ...
What is Contingent Auto Liability?
This coverage is excess auto liability over and above your local compulsory automobile insurance and includes coverage for owned, hired and non owned vehicles.
What is Contingent General Liability?
Contingent General Liability, also referred to as Third Party or Public Liability, covers bodily injury and property damage to tourists in your care, custody and control while participating in an excursion tour. This coverage excludes auto, aircraft ...
What are the benefits of having Liability Insurance?
The insurance protects the business owner and guests from any risks associated with tour activities. Worldwide jurisdiction insurance will allow cruise passengers and hotels guests the benefit of filing a claim or suit from anywhere in the world if ...