Travel Insurance Flashcards
If you sell 1,000 travel insurance policies at $100 each and earn a 25 percent commission, what is your total commission income?
$25,000
Pre-existing medical conditions are never covered by travel insurance
False
If your clients injure themselves before trip departure, their policy should include
Trip cancellation/trip interruption insurance
Trip Cancellation/trip interruption insurance covers all of the following, except
Carrier-caused delays.
if your clients need coverage for additional travel expenses after losing a passport, money, or travel documents, their policy should include what kind of insurance?
Trip Delay
Your client is covered, under most travel insurance policies, if he is unable to travel because his employer canceled his vacation
False
Trip cancellation and interruption policies account for most of the plans purchased in the U.S.
True
The benefits of offering insurance for the agent and agency include
Increased customer confidence/Loyalty
Additional Commission
Partial Protection from Litigation
If during her trip, your client drops her camera in the pool and ruins it, she is covered by her baggage coverage insurance
True
Your client’s passport was stolen during her visit, which resulted in an additional three days in that country. She is covered by her trip delay policy
True