Daily Insurance Industry News
 
 
Daily Insurance Industry News
Saturday 25th of May 2013
December 17, 2009

Direct Line covers airline failure

by Richard Kilner

Story link: Direct Line covers airline failure

Direct Line covers airline failure

Recent days have seen much turmoil in the world of airlines, with Flyglobespan becoming the latest airline to fail, leaving thousands of holidaymakers stranded overseas.

Scotland’s Daily Record has reported that some 5,000 have been stranded abroad due to the failure.

Over the course of the last two years around 60 airlines have failed, creating a minefield of difficulties for those left abroad or rushing to book a new flight to go on holiday.

Direct Line Travel Insurance includes coverage for airline failure in its travel insurance policies, as well as failure of hotels, villa rental companies, car hire companies, ferry companies, theme parks and other businesses.

The cost of a return flight should an unfortunate holidaymaker be stranded abroad is included.

Direct Line Travel Insurance’s Jennifer Thomas has said that holidaymakers get no protection from the ATOL or ABTA schemes if they book direct, making cover for airline failure ever more important.

 

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