Does Travel Protection provide coverage if my tour operator, airline or cruise line becomes financially insolvent or ceases operating?
Yes, in some cases. Financial Default means either (a) the complete suspension of operations due to financial circumstances, whether or not a bankruptcy petition is filed or (b) a partial suspension of the operations following a filing of a bankruptcy petition. Travel Protection covers Trip Cancellation or Trip Interruption due to Financial Default of an airline, cruise line or tour operator resulting in the complete cessation of services.
Related Questions
- I was provided with a credit voucher by a travel agency, tour operator, an airline or cruise line prior to it ceasing operations, for use at a later date. Can I file a claim for the credit amount?
- Does Travel Protection provide coverage if my tour operator, airline or cruise line becomes financially insolvent or ceases operating?
- Am I covered if the tour operator, airline or cruise line I have booked with ceases operations or becomes financially insolvent?