Explanation How to Obtain Authorisation of Connected Travel Insurance

Table of Contents

Introduction: 1

1. Connected Travel Insurance 2

2. The steps the company needs to take to obtain authorisation….............................4

2.1 How can travel insurance protect you?...........................................................5

(2.1.1.) What is Holiday Protection Insurance?...........................................................6

Conclusion/Recommendation……………………………………………………………...7

Reference List………………………………………………………………………………..8

Introduction:

The travel agent for a firm based in Luton has been appointed by the director to prepare a report which needed to outline of definition of travel insurance and how travel insurance can protect consumers since the firm is planning to sell “connected travel insurance”, which the report should explain in clear terms what the Connected travel insurance is and the report provide scenarios that reflects on the several connected travel insurance corporate practices that happen in firms, and what is the steps of firms needs to take to get authorisation.

According to Cooper (2012) travel agents act as a distributor of individual essentials of tourism source or inclusive tours. For principals, they act as a convenient networks of sales outlets, at the same time as for the public, they provide advice and location for booking products, savings the consumer search time and money. As intermediaries, they do not transport stock and act for principals such as airlines and tour operators. Travel agents transport a large range of products, including tours, tickets, currency, accommodation and tickets for attractions.

1. Connected Travel Insurance

Connected travel insurance or CTI is insurance retailed by firms such as airline and travel agents together with travel products such as a holiday or a train ticket. To have and retail connected travel insurance the firms must be authorised. In this report will give more information about CTI and leave the options available. Examples of scenarios...