AR status encouraged by HolidayExtras

AR status encouraged by HolidayExtras

Holiday Extras is inviting travel agents to apply for free Appointed Representative (AR) status, enabling them to sell travel insurance directly to customers. The company, which currently has 207 firms registered as ARs, has stressed the importance of guiding customers in their insurance choices. Holiday Extras Head of Insurance Andrea Clayton told Travel Daily that following regulatory changes in 2009, all agents selling insurance must either be authorised by the Financial Services Authority (FSA), which can be expensive, or have AR status. “There’s no hidden extra costs with the Holiday Extras programme. Travel agents simply apply by visiting www.holidayextras.com/relax,” she explained. “From there we will provide all the online training as well as an instruction manual for each agent in the firm; the process takes around a week. In addition to that they’ll still get 29% commission on any HolidayExtras policies sold. ” Meanwhile, the company is set to launch an improved version of its travel insurance schemes on 1 September, employing a new underwriter, Mapfre Assistonia. Under revised wording, which will apply to all HolidayExtra policies, a total of 331 medical conditions will now be covered. “We’re introducing a specialist cruise insurance product on 26 September to give specialist travellers more choice in their product,” added Clayton. For HolidayExtras, adequate cover is essential for tourists and agents should be encouraged to discuss policies with travellers before they depart. “Many customers claim they have private policies, but they do not always provide adequate cover,” explained Clayton. “Travel agents should check what policies cover, comparing popular insurance brands so tourists can see the difference.”

Gary Marshall
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Gary Marshall
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