- introduction
- why come to tgic?
- who is topp suitable for?
- the process
- > links
- topp – a traveller’s perspective
- topp - credit card facility
topp
what is topp?
topp is a cost effective alternative to bonding which can cover all your holiday turnover.
total payment protection (topp) is a per passenger insurance policy that enables travel organisers to meet their regulatory obligations (whether under Package Travel Regulations or ATOL Regulations) on a pay-as-you-go basis, rather than by a bond.
why is topp different?
The advantages are clear - topp is the only pay-as-you-go policy able to cover all turnover required to be covered under the Regulations under one policy.
It is suitable for travel organisers who principally wish to cover their non-flight inclusive (non-licensable) turnover and who may also have a small flight-inclusive (licensable) book of business. The policy can also be extended to cover accommodation only sales and single element tour operating sales such as car hire, ski passes and ferry travel sales when sold by the travel organiser as principal.
