What is Scheduled Airline Failure Insurance?
Scheduled Airline Failure Insurance is available through selected Travel Agents, for the protection of the fare paying public travelling on a scheduled flight, purchased in the U.K. and travelling anywhere in the world.
The cover provided facilitates a refund of the ticket cost should an airline be unable to fulfill its obligation to its passengers due to financial failure, prior to them travelling or provides for the cost of a return ticket in the event that the insured passenger is outside the U.K. at the time of the financial failure occurring.
Scheduled Airline Failure is a cost effective means for travellers to protect themselves.
Cover
To pay up to £1,500 in all for each Insured Person in respect of:-
(1) The cost relating to Scheduled air flights necessarily and unavoidably cancelled prior to the departure of the Insured Person from the United Kingdom or their country of domicile due to bankruptcy/liquidation of any Scheduled Airline as defined above on which the booked trip depends in respect of deposits or charges paid in advance by the Insured Person. OR
(2) The costs relating to Scheduled Air flights in the event of curtailment due to bankruptcy/liquidation as set out in 1 above whilst the Insured Person is on the booked holiday/trip, those costs being of a similar standard to the originally booked flights.
EXCLUSIONS
We shall not be liable for:-
(1) Claims arising directly or indirectly from existing or publicly declared financial failure or
