Does Travel Insurance Cover Company Going Bust at Traveling

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Does Travel Insurance Cover Company Going Bust. “if you take out scheduled airline failure insurance, you’ll receive up to a specified amount per person for any irrecoverable flight costs if the airline goes bust before your trip, or while. So you would not be covered if a tour operator that sold you the flight went bust, but you should be covered by its atol bond.

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Insurance Excess / Car Insurance Excess Payments Explained from elissabebongs.blogspot.com

My view, having seen 2 long established airlines (one with probably the worlds oldest and most reputable travel agent attached to it) go bust over the past 2 years is that nobody is safe so expect the worst. Yes — if you have travel insurance (and the company is a covered supplier). The recent collapse of thomas cook has kaye wondering what recourse travellers have when their travel companies fail.

Insurance Excess / Car Insurance Excess Payments Explained

The problems though would be it is fairly complex as their staff will have to run. Travellers need a policy in place once they have made a booking to be covered for saf. So you would not be covered if a tour operator that sold you the flight went bust, but you should be covered by its atol bond. More than three quarters of travel insurance policies do not cover holidaymakers if their airline goes bust.