Direct Line travel insurance protects against airline failure. Holidaymakers who are concerned by the number of airline companies going out of business may find peace of mind if they take out a travel insurance policy with Direct Line.
The insurer has introduced a new level of cover that protects policyholders in the event that their airline goes bust.
While the policy cannot remove the inconvenience of having to make alternative travel arrangements, it will at least ensure that holidaymakers are not left out of pocket by covering the cost of a flight home.
Furthermore, Direct Line’s policy insures against the financial failure of hotels, villa rental and car hire companies, as well as excursion providers and other services.
Jennifer Thomas, from Direct Line Travel Insurance, pointed out that many holidaymakers now book directly with airlines and hotels to save money, meaning that they do not gain the protection afforded by schemes such as Atol or Abta.
“With our updated travel insurance policies, our customers can now travel with increased peace of mind, knowing that they will be covered in the unfortunate event of a supplier’s collapse,” she confirmed.
Tourists should always check the small print on their travel insurance documentation to ensure they have purchased sufficient cover for all eventualities.
The importance of caution was underlined by the news on Wednesday (December 16th) that Scottish airline Flyglobespan had collapsed, leaving thousands of passengers in need of alternative flights.
Business and Financial News
Daily and weekly Business and Financial News
Travel insurance firm covers airline failure
Posted by admin17 Dec 2009
No Comments