Tour Operator Liability Insurance protects tour operators against a range of risks they face when offering services, including injuries, property liabilities, cancellations, and legal claims. In case of any emergency during tours, this tour operator insurance coverage helps in an accident, a service issue, or any untoward scenario, saving you from bearing financial loss. 

Key Highlights of tour operator insurance are

• Injuries: Provides for medical expenses if a tourist gets injured while on tour.

• Property Damage: Covers claims for accidental damage to a third-party property.

• Trip Cancellations: Which provides coverage for losses due to cancellation or interruption for unexpected reasons.

• Legal Coverage: Guarantees your tour company operations are legally covered against being sued for negligence or any issues with the service.

• Tours Accident Coverage: Provides compensation for accidents that happen during a guided tour or any unexpected incident.

• Customer complaints:  Responds to accusations of bad services or that they will not be delivered as sold.

• Lost Revenue: Covers lost revenue due to unforeseen tour interruptions.

• Third-Party Claims: Travel agency insurance covers you when a third party sues you for damages or injury you caused.

Tour Operators Liability Insurance is still essential if your business offers online tours such as bookings or even virtual experiences. It protects against claims such as misinformation, booking errors and customer dissatisfaction.

In addition, while businesses might not still be able to make physical tours, they might have some legal liability exposure, and thus, TOLI might be essential for financial coverage.

1. Yes, there is a difference. 

Tour Operators Liability Insurance protects your business against injury, damages, and negligence claims made by travellers. 

In contrast, travel insurance covers individual travellers for trip cancellations, medical emergencies , or lost baggage. Tour Operators Liability insurance protects your tour operators; travel insurance protects you.

Tour Operators Liability Insurance (TOLI) can be bought standalone. It features coverage specific to tour operators, such 

• Legal claims, 
• Personal injury to clients, 
• Property damage and
• Trip disruptions. 

Although some insurance offers it packaged with other forms of travel-related insurance, standalone options are available for businesses that need separate coverage.