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.
Sometimes the bankruptcy or
default of a travel supplier is covered (but not always).
Travel insurance gives travelers coverage for unforeseen problems, from a cancelled flight to a serious illness — or in rare cases, even an act of terrorism or the financial
default of a travel 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.
These benefits typically include financial
default of a travel supplier and a pre-existing condition exclusion waiver.
Travel insurance offers travelers coverage for unforeseen problems, from a cancelled flight to a serious illness — or in rare cases, even an act of terrorism or the 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.
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.
Many travel insurance plans cover financial
default of a travel supplier.
It can also cover other reasons, including terrorism, hurricanes and extreme weather,
default of your travel supplier, 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.
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).
Other types
of coverage beneficial to travelers include:
travel curtailment, accidental death, and
travel supplier default.
The upgrade includes a pre-existing condition waiver, coverage for
supplier financial
default, and higher limits on baggage, medical and dental, medical transportation, rental car damage, and the addition
of travel accident (AD&D)
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.
There is no coverage for the Financial
Default of any person, organization, agency, or firm from whom the Insured purchased
travel arrangements
supplied by others.
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.