Travel agents errors and omissions insurance

{
  "id": "MLC-T-INS-003365",
  "term": "Travel agents errors and omissions insurance",
  "field": "Insurance and risk management",
  "definition": "A professional liability insurance policy that protects travel agencies and individual travel agents from claims arising from alleged negligence, errors, or omissions in their professional services. This coverage addresses financial losses incurred by clients due to mistakes such as booking incorrect flights, hotels, or tours, or providing inaccurate travel advice. It typically covers legal defense costs and settlements up to the policy limits.",
  "url": "https://mlchart.com/terminology/insurance/travel-agents-errors-and-omissions-insurance/"
}