Many travel insurance policies will cover any prepaid, non-refundable trip costs if your trip is cancelled due to the financial default or
bankruptcy of a travel supplier.
A trip would be covered for sickness, injury, your own death or that of a family member, or a traveling companion, flight cancellation,
bankruptcy of your travel supplier, and so on.
As long as you buy the insurance sufficiently in advance, pre-existing conditions coverage, and coverage related to
the bankruptcy of the travel supplier and terrorism are included.
Other covered reasons can include: weather delays, strike, destination uninhabitable from natural disaster, mechanical breakdown of a common carrier, mandatory evacuation,
bankruptcy of a travel supplier, among other covered reasons.
Covered reasons for trip cancellation in package plans are broad and include
bankruptcy of travel supplier, traffic accidents, terrorist attacks, natural disasters, termination or layoff, school year extensions, and more.
Not exact matches
Travel Supplier Bankruptcy / Default Insurance plans provide coverage for lost travel expenses due to travel supplier going out of business and failing to render ser
Travel Supplier Bankruptcy / Default Insurance plans provide coverage for lost travel expenses due to travel supplier going out of business and failing to render s
Supplier Bankruptcy / Default Insurance plans provide coverage for lost
travel expenses due to travel supplier going out of business and failing to render ser
travel expenses due to
travel supplier going out of business and failing to render ser
travel supplier going out of business and failing to render s
supplier going out
of business and failing to render services.
Many TravelSafe plans cover Trip Cancellation or Trip Interruption due to
bankruptcy or default (as defined in the policy)
of an airline, cruise line, tour operator, or other
travel supplier under the conditions listed below:
The
supplier default benefit in
travel insurance covers money you lose because
of the
bankruptcy of an airline, cruise line, tour operator, or other provider
of travel services.
Sometimes the
bankruptcy or default
of a
travel supplier is covered (but not always).
It is always wise to purchase
travel insurance from a third party source who will provide coverage in the event
of bankruptcy, when airlines or other
travel suppliers stop service.
The time sensitive provisions which are included in most
of our plans (within 21 days
of the date you make your initial payment for your trip) apply to several coverage enhancements, such as: waiving
of the Pre-Existing Conditions Exclusion;
Travel Supplier Bankruptcy or Insolvency protection and the Cancel For Any Reason Benefit.
i)
Bankruptcy or Default
of an airline, or cruise line, tour operator or other
travel provider (other than the Travel Supplier, tour operator or travel agency, organization or firm from whom You purchased Your Travel Arrangements) causing a complete cessation of travel services more than 14 days following Your Effective
travel provider (other than the
Travel Supplier, tour operator or travel agency, organization or firm from whom You purchased Your Travel Arrangements) causing a complete cessation of travel services more than 14 days following Your Effective
Travel Supplier, tour operator or
travel agency, organization or firm from whom You purchased Your Travel Arrangements) causing a complete cessation of travel services more than 14 days following Your Effective
travel agency, organization or firm from whom You purchased Your
Travel Arrangements) causing a complete cessation of travel services more than 14 days following Your Effective
Travel Arrangements) causing a complete cessation
of travel services more than 14 days following Your Effective
travel services more than 14 days following Your Effective Date.
anything caused directly or indirectly through
bankruptcy / liquidation
of any tour operator,
travel agent, and transportation company or accommodation
supplier.
i)
Bankruptcy and / or Default
of Your
Travel Supplier that occurs more than 14 days following the Effective Date.
Bankruptcy and / or Default
of Your
Travel Supplier that occurs more than 14 days following the Effective Date.
Bankruptcy or default
of your
travel supplier, termination
of employment, direct involvement or delay due to a traffic accident while en route to departure, as well as a few other events can also be included as eligible reasons for cancellation coverage.