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Travel insurance covering airline liquidation

  • 04-10-2008 9:20am
    #1
    Slice
    Closed Accounts Posts: 1,133 ✭✭✭


    Does anyone know of any travel insurance that provides cover against airlines that go into liquidation?

    I've checked out a number of policies and I haven't come across any that do so far...


Comments

  • #2
    Our man in Havana
    Closed Accounts Posts: 29,473 ✭✭✭✭Our man in Havana


    The reason most likely is that airlines are bonded and you should be able to claim off the appropriate regulator of the airline.


  • #3
    Slice
    Closed Accounts Posts: 1,133 ✭✭✭Slice


    I doubt that customers of XL or Zoom got their money back after being left stranded when either of those two airlines collapsed


  • #4
    Tippex
    Registered Users, Registered Users 2 Posts: 2,958 ✭✭✭Tippex


    Hi,

    I'm open to correction on this but as far as I know airlines are not bonded like travel agents and tour operators.

    If you book a package through a bonded travel agent / tour operator and they go bust then you can claim on their bond.

    This seems to have been the case with XL recently that if you booked a package with them or through a travel agent you were covered. But if you booked a flight only with them then you are not covered (you may be able to claim back on your credit card though) http://www.aviationreg.ie/_fileupload/Image/xl%20120908%201432.pdf

    There is a site that will put in a claim for you without you having to do much work. It's a no-win no-fee type of site the kicker is though that they will charge 27% of you claim if you win. http://www.euclaim.ie/.

    Tip.


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