Industry

Package Travel Regulations and Insurance

By October 5, 2021November 24th, 2021No Comments

Check your client has the right Insurance cover

The Package Travel Regulations (PTR) was introduced on 1st July 2018. Many businesses do not realise that they ‘package’ and are therefore exposed to these regulations (see examples of types of businesses). This article will explain how appropriate Insurance for exposed clients is essential and what elements within your clients Insurance you need to check.

Performance of the Package

15 (2) The “organiser” is liable to the “traveller” for the performance of the travel services included in the package travel contract, irrespective of whether those services are to be performed by the organiser or by other “travel service providers”.

Liable to the “traveller” for the performance means organisers can be sued if damages are sustained in any component of the package

= RISK

 

“Liability” – who is liable and what risks are faced?
Misrepresentation ALL Actual or alleged misstatement or misrepresentation of the package or any of its component parts
Error or Omission ALL Actual or alleged error or omission in arranging the package or components as required
Injury/ damage ORGANISERS The organiser is liable for the performance of the travel services and all component parts therein. If damages are sustained by (or using) any of the components included, the organiser is potentially liable
Move the RISK from the business and its balance sheet to an insurance policy
  • Public Liability third party injury
  • Professional Indemnity Own & Suppliers E&O
  • Directors and Officers Wrongful Acts
Check your clients Insurance

Click on each of the tabs below to see which covers you need to review.

Business Description

Massively important to read the words in the in the policy schedule, if Tour Operator or Organiser isn’t in that description, fix it quickly!

Public Liability

Claims for injury damages from the package. Get good indemnity limits.

Professional Indemnity

Yours and agents (in the package) errors and omissions that cause financial loss to pax.

Directors and Officers

Someone is CRIMINALLY liable if the Package Travel Regulations & Linked Travel Arrangements 2018 are not complied with – obtain adequate D&O cover which defends.