Sentences with phrase «cover financial default»

Many travel insurance plans cover financial default of a travel supplier.

Some policies cover financial default of your travel supplier or pay for lodging and meals during delays that begin after your trip starts.

Some companies cover financial default as long as you purchase travel insurance within 24 hours of FINAL trip deposit.

Motter additionally advised to get travel insurance from a third party, and not directly from the cruise line itself: «Cruise line insurance does not cover financial default.»

Our plans no longer cover financial default for the travel suppliers on the list below.

The easiest way to protect your trip investment is to buy travel insurance that covers the financial default of a travel supplier and purchase the insurance from a third party.

With trip insurance that covers financial default, you'll be able to recoup your expenses.

Not exact matches

As we covered this spring (WILTW May 25, 2017), the International Monetary Fund's annual Global Financial Stability report included a stark warning about the health of the U.S. economy: 22 % of U.S. corporations are at risk of default if interest rates rise.

Institutional clients are, due to their status as licensed financial institutions, not covered for cash in case of Saxo Bank's default.

The insurance companies have promised to make timely interest and principal payments on any bonds covered by insurance if Puerto Rico defaults, said Rob Williams, director of income planning at the Schwab Center for Financial Research.

This webinar covers topics including financial literacy, loan repayment, default management, and leaving school.

Since the contract is directly with the other party, there is a greater risk of counterparty default since both parties may not have full knowledge of the financial health of the other (and their ability to cover obligations).

Fortunately, insurance providers are covered by the government - backed Financial Services Compensation Scheme, meaning if they go into default, you're protected.

Should a default happen, your relationship may be severely strained, especially if covering the monthly payments puts a financial strain on you or your family.

Monoline bond insurance companies, such as MBIA and Ambac Financial Group Inc., have been hit the hardest as they scramble to raise capital to cover possible defaults and to stave off a downgrade from the ratings agencies.

The student plan specifically covers natural disaster, refunds, financial default, theft, and health to name a few.

Travel insurance can cover a wide range of things, including extra expenses due to trip interruption or cancellation; a delayed flight or missed connection; baggage delay or loss of baggage; certain medical expenses; financial default by a travel provider; the loss of a job; and even loss due to a war or an act of terrorism.

Financial Default of the liveaboard operating company, or tour operator (Covered already by the Elite Plan).

It does not offer some of the perks other trip insurance agencies cover, such as reimbursement for lost mileage or trip cancellation due to financial default of the carrier or tour agency.

Recommendation: To better ensure that the government obtains sufficient financial assurances to cover decommissioning liabilities in the event of lessee default, the Secretary of the Interior should ensure that the Bureau of Ocean Energy Management (BOEM) completes its plan to revise its financial assurance procedures, including the use of alternative measures of financial strength.

Trip Cancellation Insurance covers any mishaps that might force you to cancel the trip: sickness, injury, death of a relative, weather conditions, airline strikes, terrorism, financial default of the airline, cruise operator, or tour operator, job loss, traffic accident, cases when you are called to jury duty, subpoenaed or if your home is rendered uninhabitable due to fire, flood, etc..

Some reasons include sudden covered medical emergencies, financial default of a covered airline, cruise line or tour operator, employer termination, terrorist incidents, and jury duty.

Also, policies that do not include cover for pre-existing conditions, financial default and accidental death are less expensive than policies which do include cover for these benefits.

Select Plus Quality travel insurance with adequate limits and early purchase options at no extra cost This is quality travel insurance that covers all the essential travel risks and provides coverage for pre-existing medical conditions and supplier financial default in the base plan if purchased early (within 15 days of initial trip deposit).

Covered reasons for trip cancellation and interruption are inclusive of financial default, labor strikes, jury duty, cancelled leave, employer layoff, and more.

Covered reasons for trip cancellation include terrorist incidents, financial default, adverse weather, assault, and more.

Covered reasons for trip cancellation and interruption include inclement weather, mechanical breakdowns, strikes, travel supplier financial default, natural disasters, terrorist acts, and more.

Financial default of a cruise line, airline, or tour operator is covered if you purchase this plan within 15 days of the initial trip deposit.

Pre-existing conditions, financial default, hurricanes and terrorism are covered (with a few conditions) with this plan.

During the waiting period, which begins at the effective date of coverage, financial default will not be a covered reason for trip cancellation.

Covered reasons for trip cancellation include illness or injury, death of a family member, financial default, labor disputes, assault, and terrorist acts (domestic and foreign).

Before we outline what financial default coverage covers, it's important to understand that financial default is not the same as bankruptcy.

This is a period of time after the purchase of your policy when a financial default would not be covered.

Financial default (or bankruptcy) is not covered by all travel insurance policies.

Travel insurance companies will define the specific travel suppliers that they will cover for financial default.

Many insurance plans offered by travel suppliers do not cover bankruptcy and financial default.

Companies can't insure themselves against financial default, so policies purchased through a tour operator or cruise line won't cover you if the company goes out of business or files for bankruptcy.

Covered reasons generally include the following: sudden medical emergencies, unforeseen financial default of an airline, cruise line or tour operator, severe weather, terrorist incidents, and jury duty.

Even though it varies by the insurance company and the plan, you are covered for the financial default of the airline, cruise line or tour operator if you purchase the travel insurance within 7 - 21 days of initial trip deposit.

If the plan is bought within 15 days of the initial trip deposit, financial default for airline, cruise line and tour operators is covered.

With a travel insurance plan having a financial default cover, you will be able to claim your expenses.

With travel insurance having financial default cover, you would be able to recover your expenses.

The Insurer will not cover Losses resulting from a Financial Default of any person, organization, agency, or firm that solicited Your travel arrangements to you.

Travel Select Highlights: Primary coverage Children under 18 covered at no additional cost Trip cancellation including bankruptcy / financial default, employment termination / transfer Travel delay of 50 % or more as a trip cancellation reason 21 - day pre-existing condition waiver 60 day look back for pre-existing conditions applies to travelers only 5 hour trip delay 3 hour missed cruise connection from flight delay 12 hour baggage delay $ 1,000 trip interruption included in post departure coverage $ 200 flight reissue fee Ex-spouse included in family member definition Full line of travel assistance & concierge services Available to book 24 months in advance Competitive pricing

Some plans also cover trip cancellation associated with transportation delays due to weather, mechanical failure or worker strikes, Financial Default of the transportation provider or tour operator, the traveler's home becoming uninhabitable due to a natural disaster and work issues such as being laid off or having vacation time revoked.

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.

Once an event becomes known, such as the financial default of Cruise West, new policies will not cover that event.

The problem faced by many people when they file a claim is that the default amount of financial liability is calculated as a relatively small amount and is not sufficient to cover major claims.

The FHA raised its fees to cover a wave of defaults in the wake of the financial crisis.