Are travel agents typically licensed to sell insurance?

[Po.]

I wonder if a home-based travel agent would need a license. What are the requirements to sell travel insurance? Is a license difficult or expensive to get? Specifically in California. 

[iamtrustworthy]

9 hours ago, Po. said:

I wonder if a home-based travel agent would need a license. What are the requirements to sell travel insurance? Is a license difficult or expensive to get? Specifically in California. 

Hi Po,

 

Anyone who sells insurance of any kind needs to be insurance licensed in the States they will be offering insurance whether or not they actually sell a policy in that State. Plus, there are continuing education requirements in order to keep their license(s) active.

 

In addition, if you are doing business as a company or DBA, the agency itself has to meet the same licensing requirements.

 

Plus, the agent will need Errors and Omissions insurance and likely other business licenses.

It's not cheap to get the licenses because some States require you to pay more for the priviledge of selling to its residents than other States.

 

The licensing and other training costs is our biggest expense after payroll and our benefits.

 

Steve Dasseos

[Gail & Marty sailing away]

I think Travel agents like to push one company ,