Make sure that your travel insurance includes excellent supplier default insurance.
Don’t Be Victimized Twice if Your Travel Supplier Goes Bankrupt.
How much money will you get back if, after you have bought your tickets, the airline, cruise line, or tour company goes bankrupt?
There are two answers. First, if you don’t have travel insurance that covers you against that possibility, you will probably receive nothing. On the other hand, if you do have travel insurance that includes supplier default insurance, you could get back all your money.
However, not all travel insurance companies and policies treat travel supplier default insurance coverage the same way. Find out how each company and policy you are considering defines what is covered because some policies may exclude some companies or there may be limitations on coverage.
Also, if you’re a U.S. resident and paid with your credit card, you are entitled to a refund from your credit card company, but there may be limits. In any case, it’s important to call your credit card company as soon as possible if your travel provider goes bankrupt.
Use this site to help you with your research and decision-making. Go to Online Travel Insurance Companies, compare the supplier default insurance cover offered by reputable insurance companies, get online travel insurance quotes, and purchase affordable travel insurance that protects you if your travel supplier suddenly goes out of business!