If you are a member of the Independent Insurance Agents and Brokers of America (IIABA) then you could access a market through BIG I Markets that offer travel insurance that you can sell.
Big "I" Markets, in partnership with Travel Insured International, is pleased to offer two travel products that will make your clients rest easier when they take their next trip. The Worldwide Trip Protector and World Trip Protector Gold (here is a coverage comparison) products offer comprehensive choices to protect travelers before departure and during a trip from a wide range of unforeseen possible events that could cancel or interrupt travel plans. Coverage includes trip cancellation, trip interruption and trip delay, missed connection, baggage and personal effects protection, baggage delay, emergency accident and sickness medical expense and emergency evacuation, travel accident protection and 24-hour Assistance Services. Travelers also have the options to purchase additional accident and sickness medical protection, additional emergency evacuation and repatriation, flight insurance in a choice of benefit amounts, and renters collision insurance for their rental car. Purchase of the optional medical upgrade will remove the deductible and excess insurance provision.
Here are some frequently asked questions about Travel Insurance:
What is trip cancellation insurance? Trip cancellation insurance is financial reimbursement of a prepaid, non-refundable travel costs when an unforeseen event, which is a covered reason under the policy, causes a trip cancelation.
What is trip interruption insurance? Trip interruption insurance is financial reimbursement for unused prepaid travel expenses and/or the additional airfare to return home, when an unforeseen event, from which the traveler is protected under the policy, causes trip to be cut short and a return home ahead of schedule.
When is protection from an act of terrorism an included coverage? When a politically-motivated terrorist attack occurs in a city listed on a travel itinerary. The event must occur after the policy takes effect and within 30 days of departure.
Who is considered a family member under the policy? Any of the following relatives of the insured or traveling companion is considered a family member under the policy: a legal or common law spouse; a domestic partner; a parent or legal guardian; step-parent, grandparent, parents-in-law, grandchild, natural or adopted child, foster child or ward, step-child, children-in-law, brother, sister, step-brother, step-sister, brother-in-law, sister-in-law, aunt, uncle, niece, or nephew.
Check out some common travel scenarios that people can insure against. Here is one to pique your curiosity!
Your Trip Cancellation coverage takes over when your taxi driver heading to your departure airport displays his steering proficiency by broadsiding a police cruiser. A lengthy detour to police HQ forces you to cancel the trip.