What type of insurance is recommended for travel agents?

Errors and omissions insurance is specifically recommended for travel agents because it provides coverage for claims arising from mistakes or oversights made in the course of their professional duties. This type of insurance protects agents against potential lawsuits and claims brought by clients who may allege that the agent failed to perform their job properly, leading to financial losses for the client. For example, if a travel agent books a trip that does not meet the client's expectations or fails to provide necessary information, the client might seek compensation. Errors and omissions insurance helps mitigate the financial risk associated with these claims, making it vital for travel professionals to safeguard their business and personal assets.

In contrast, general liability insurance typically covers physical injuries or damages caused by business operations, and while it's important, it does not specifically address professional errors. Health insurance is essential for personal well-being but does not directly relate to the professional risks faced by travel agents. Property insurance covers physical assets but does not provide protection against the professional liabilities that could arise from mistakes made in providing travel advice or services.