A Travel Agent Surety Bond is a license and permit surety bond required by certain jurisdictions of those who offer to sell travel or related services to individuals or groups within that jurisdiction. Licensees are those who, directly or indirectly, at wholesale or retail, sell pre-arranged travel or tourist-related services through vacation or tour packages, or through vacation certificate, in exchange for a fee, c omission or other consideration. Those who offer membership in travel clubs for advance fee or payment are also regulated by these licenses. The bond guarantees that the travel agent l will provide the services agreed upon for the fees and payments collected as well as comply with all other statutory requirements for the licenses.
These bonds are also known as Seller of Travel surety bonds or Tour Broker/Operator surety bonds.