+10 Does Travel Insurance Cover Company Going Bust 2022

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Does Travel Insurance Cover Company Going Bust. 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. As i mentioned before their are companies who will insure you against the supplier going bust.

16 Travel Insurance by LIVErNORTH Issuu
16 Travel Insurance by LIVErNORTH Issuu from issuu.com

Only policies which cover scheduled airline failure will pay for the. 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. Uncertainties like your airline going bust are one of the most important reasons to take out travel insurance the second you have booked your trip.

16 Travel Insurance by LIVErNORTH Issuu

The problems though would be it is fairly complex as their staff will have to run. 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. A survey of 1,000 british travellers has found that travel companies going bust, meaning their flights, accommodation and bookings are cancelled, is the biggest travel fear for. I want my cash back if there is a risk, no vouchers, no promises, no weasel words.