FirstChoice and Arch Insurance
This exciting collaboration enables FirstChoice members to expand their portfolio of offerings with Arch products.*
About the Collaboration
Arch Accident & Health and FirstChoice, A Marsh Berry Company, have partnered together to bring FirstChoice members a new product offering to their personal lines customers: Travel Insurance.
In this challenging and dynamic insurance market, augmenting your product offering with travel insurance may give your agency the opportunity for new income and growth. By offering additional products that compliment your existing portfolio of business, you can add value for your existing customers.
Arch has a solid history in the travel insurance space and is prepared to help FirstChoice members succeed in this product line by offering a turnkey solution, as well as training and a marketing resources for easy promotion.
Information on this webpage is not intended for general distribution as it is specifically designed for FirstChoice Members only, as a preview of products offered. Future marketing kits will be provided following completion of the appointment process.
Why Offer Travel Insurance?
Travel insurance can be sold in two different ways:
- Annual Multi-Trip Travel Insurance, which is a once a year purchase for coverage up to a stated limit for the year. This is great for travelers who book multiple trips a year.
- Single Trip Travel Insurance, where a client may choose coverage for a specific trip. This option is good for clients who do not travel as frequently.
While single trip insurance is available to FirstChoice members, we believe that your clients may benefit the most from Annual Multi-Trip Travel Insurance.
Annual Multi-Trip Travel Insurance is a unique approach to a traditionally sold insurance product. Please see the document below for licensing requirements. This product is easy to implement and to integrate into your current marketing process and is an efficient way to create ancillary revenue for your agency with little effort.
Annual Multi-Trip Travel Insurance Licensing Requirements
This document provides an overview of the appointment process and a state-by-state listing of the licensing requirements needed to sell travel insurance policies.
Interesting Travel Insurance Facts
- The travel insurance market is expected to hit $40.58 billion in 2027, growing at a compound annual growth rate of 16%. (Source: Insurance Business Magazine)
- Just over 83% of Americans have existing trip plans for the next 12 months. (Source: DestinationAnalysts.com)
- The top 5 used benefits for Arch’s client base are:
- Trip cancellation
- Trip Interruption
- Emergency Medical
- Renters Collision
- Trip Delay (Source: Internal data from Arch RoamRight policies sold 2021-2022)
Annual Multi-Trip Travel Insurance Product Information
Coverage and Benefit Limits
Key Features Include:
14-Day Money-back Guarantee
All Arch travel insurance plans come with a 14-day money-back guarantee, where you can cancel your coverage in writing within 14 days of purchase or prior to your scheduled departure date, whichever comes sooner, provided you have not already filed a claim under the plan. Indiana residents have up to 30 days.
Multiple Trips Throughout The Year
This plan provides coverage for multiple trips taken throughout a year, when a trip is a scheduled trip of 30 days or less in length; and is more than 100 miles from your primary residence for which coverage is elected and premium paid.
Benefit Limits
This policy includes coverage for many benefits, including those outlined below.(1)
| All Coverage are per person | Maximum Limit | Description |
|---|---|---|
| Trip Cancellation | Up to 100% of the Insured Trip Cost | Protects unused non-refundable prepaid Payments or Deposits for the Travel Arrangements You purchased for Your Trip, when You cancel Your Trip prior to departure for a covered Unforeseen reason. (2) |
| Trip Interruption | Up to 100% of the Insured Trip Cost | In the event the trip is cut short for a covered reason,(2) this benefit covers the unused, prepaid non-refundable Payments or Deposits for Your land or water Travel Arrangements, plus Additional Transportation Costs. |
| Trip Delay | $1,000, up to $200 per day, after a 12+ hour delay | Assists with additional travel expenses incurred during a 12+ hour delay of common carrier for a covered reason.(2) This includes hotel, meals and local transportation. |
| Occupancy Upgrade | Up to 100% of Insured Trip Cost | Covers the additional costs incurred as the result of a change in the per person occupancy rate for Your Travel Arrangements if Your Traveling Companions’ Trip is canceled for a covered Unforeseen reason and you do not cancel Your Trip. |
| Missed Connection | $500, after a 3+ hour delay | Provides coverage if you missed your tour departure due to a delay of Common Carrier or weather condition.(2) |
| Baggage and Personal Effects Loss | $1,000; Per Article Limit is $250; Combined Article Limit is $500 | Reimbursement for permanently lost, stolen, damaged or destroyed baggage or personal effects, including passports and visas. |
| Baggage Delay | $300, after a 24+ hour delay on the outward journey only | Covers expenses not otherwise covered by a common carreir, hotel or travel supplier for personal effects if checked baggage is delayed or misdirected. |
| Emergency Accident and Sickness Medical Expense | $25,000; $750 dental sublimit; No deductible | Provides coverage for covered emergency medical expenses(2) such as an accidental injury or illness that strikes while on your trip. Serves as excess coverage to a traditional health plan. |
| Emergency Evacuation and Repatriation of Remains | $250,000 (3) | Offers protection in the event that emergency medical care is needed and an emergency evacuation to a better level of care – or home – is required. Also covers the costs associated with returning remains home in the event of a tragedy. |
| Accidental Death and Dismemberment | $25,000 | Provides a percentage of a maximum limit if a loss occured as a result of an accidental injury during a trip. |
| Political and Security Evacuation | $100,000 | Covers for all reasonable evacuation expenses incurred for Your transportation to the nearest safe haven, if You must leave Your Trip for a covered Political or Security Event. |
(1) Benefits are provided on an aggregate basis. The maximum limits are applied to the entire policy term of one year.
(2) The policy contains reductions, limitations, and termination provisions. Full details of the coverage are contained in the policy. If there are any conflicts between this document and the policy, the policy shall govern. Not all coverages are available in all jurisdictions. Please refer to your policy for detailed terms and conditions.
(3) Maximum of One (1) occurrence per year.
Policy Costs and Stipulatioins
| Trip Cost | Premium |
|---|---|
| $0 - $2,500 | $192 |
| $2,501 - $5,000 | $320 |
| $5,001 - $7,500 | $447 |
| $7,501 – $10,000 | $574 |
Pricing above applies to travelers age 75 and under, who are traveling for an unlimited number of trips, where each trip is up to a maximum of 30 days and at least 100 miles or more from your primary residence. Rates are as of December 2023 and are subject to change.
Covered Events
This is an abbreviated list of the most common covered events for trip cancellation or interruption. For coverage, an event must be unforeseen at the time of purchase. For a full list of events and coverage details, please refer to the policy.
- Sickness, accidental injury or death
- Being hijacked, quarantined, subpoenaed, or asked to serve on jury duty
- Home or destination is made uninhabitable
- Traffic accident en route to departure
- Terrorist attack
- Revoked military leave
- Strike
- Inclement Weather
- You or your traveling companion’s normal pregnancy
- Road Closure
Emergency Travel Assistance Services
Each Multi-Trip policy comes with coverage for emergency travel assistance services. These 24/7 services are provided by Arch’s designated assistance provider and can be accessed from anywhere in the world.
Travel Assistance
- Replacement of Lost or Stolen Travel Documents
- Emergency Travel Arrangements
- Transfer of Funds
- Legal Referrals
- Language Services
- Message Transmittals
Medical Assistance
- Worldwide Medical and Dental Referrals
- Monitoring of Treatment
- Relay of Insurance and Medical Information
- 24-Hour Health Information
- Medication and Vaccine Transfers
- Updates to Family, Employer, and Home Physicians
- Replacement of Corrective Lenses and Medical Devices
Emergency Transportation Arrangements
For coverage, these services must be arranged by designated travel assistance provider
- Emergency Medical Evacuation
- Medically Necessary Repatriation
- Repatriation of Deceased Remains
- Return of Dependent Children
- Emergency Medical Reunion
- Emergency Political or Security Evacuation
Why Choose Arch?
- Arch Insurance Group is a division of Arch Capital and is an A+ Rated Specialty P&C Insurance Carrier. (Click here for the latest ratings.)
- Arch Capital was added to the S&P 500 (replacing Twitter) in November 2022.
- Arch Insurance is committed to working together with our brokers, insureds and other partners to explore possibilities, pursue better ways of doing things and deliver more informed decisions.
- Arch’s Accident & Health division which is excited to work with you and eager to write business. We lead with a technology driven edge, which means working with us should be easy and efficient.
About Arch Accident and Health
Learn about Arch’s A&H products, including Travel, Accident, Short Term Disability and Paid Family Leave.
Marketing Resources
Arch has built a turnkey marketing program to provide you with many of the marketing resources you’ll need to get started. An entire suite of marketing resources is available to you, including:
- Website copy.
- HTML emails.
- Social media posts.
- Banner ads.
- and more.
Share this product video with your clients to help them understand the importance of travel insurance coverage.
Video Case Studies
Offering Arch Products
What Information is required and who do I contact if I want to get appointed with Arch to sell Travel Insurance?
In order to become an appointed broker with Arch Insurance’s Accident and Health unit, we will need the following information from you. You can email the following information to [email protected]:
- Full/Legal Name of your Agency
- NPN#
- Licensing Information (Agency and Individual Licenses in all states you wish to sell)
- Copy of your E&O Policy (you must hold a minimum of $2M)
- W9
- A completed ACH form (download here)
- Your Company Logo
To begin your agency and agent background checks, please go to our third party provider, NoMoreForms, and complete the information necessary:
For Agency Appointment
The agency rep must login using the agency’s FEIN.
For Agency Appointment
The individual producer, who’s being appointed, needs to log in using their SSN.
Annual Multi-Trip Travel Insurance Frequently Asked Questions
Learn more details about Annual Multi-Trip Travel Insurance with these FAQS for brokers.
Your Arch Contacts
Rebecca Raisley
Vice President, Strategy and Distribution, A&H National
+1 484 645 4840
Purchasing Portal
When you are logged into your portal as an appointed Arch agent, there are many tools available to help you manage your travel customers and quotes. The tutorials below may be useful as you navigate the portal. While not everything may pertain to insurance brokers, you’ll find a wealth of information in these short videos.
Portal Login and Tour
How to Retrieve Quotes, Orders and Policies
How to Obtain a Quote
How to File a Claim & Check Claim Status
Learn More
More Accident and Health Solutions
- Employee Accident / Business Travel Accident Insurance
- Global Accident & Sickness Medical
- Accidental Death & Severe Injury
- Participant Accident Insurance
- Short Term Disability and Paid Family Leave
- GAP Insurance
- Study Abroad
- Event Cancellation and Interruption