South America Forums

Post New Topic

Recent Activity

View all South America activity »
  1. 1 Trip Report Brief Notes on a February in Ecuador
  2. 2 Trip Report Trip Report Ecuador
  3. 3 10 days - Rio/Iguazu and...?
  4. 4 Chile, Ecuadoror Columbia
  5. 5 Is 8 days too much time in Buenos Aires
  6. 6 Cusco and Machu Picchu
  7. 7 Travel to Peru in 2 weeks
  8. 8 H Stern Jewelers, Brazil
  9. 9 Trip Report Welltravbrit's Colombia - Statues, Tombs, and Carnaval!
  10. 10 Travel in Chile- Itinerary advice please
  11. 11 Santiago > Valparaiso: worth driving?
  12. 12 zika to cancel or not to cancel
  13. 13 Trip Report Horseback riding Peru Cusco - Machu Picchu Ranch El Chalan - Urubamba
  14. 14 Driving tips and suggestions for Torres del Paine
  15. 15 First Time In South America Itinerary
  16. 16 HELP-- Argentina in March
  17. 17 3 Days/2 Night Treks to Machu Picchu
  18. 18 Galapagos Add Ons
  19. 19 Itinerary - Peru, Bolivia, Argentina Query
  20. 20 Trip Report The Travel Cartel Go to Colombia
  21. 21 Trip Report Trip Report..Bolivia (Titikaka, La Paz, Uyuni, Potosi, Sucre) Nov. 2011
  22. 22 Day trips from Montevideo
  23. 23 some practical tips for Buenos Aires and day trips
  24. 24 Help with 3 Week Itinerary
  25. 25 2 Weeks in South America- Need advice
View next 25 » Back to the top

Trip insurance - financial default

Jump to last reply

I just booked & paid for a package tour to Chile, though this question is general to all locations.  This is a package, putting together stays in various parts of the country, I think the tours will be operated/contracted out to local providers in each area.

I want to buy trip insurance for medical/evacuation, and for financial default.
I have been researching all the major policies, and it seems they only cover default of airlines, cruise companies, hotels, etc.  None of them cover financial default of a travel agency!! This seems crazy!!!  The travel agency is what I am most worried about.  If a single hotel, domestic airline, ship (though I am not taking a cruise), bus line, etc go out of business, I can afford to deal with that (if you hundred dollars).  If the travel agency defaults and I lose the whole package price (many thousands of dollars), that is what I want to protect against.  But all of the trip insurance companies exclude this in their policies, so what is the point of buying travel insurance???  I can just buy a separate medical policy (which is much cheaper than the general policies) to cover emergency medical/evacuation.

Any advice out there??

7 Replies |Back to top

Sign in to comment.

Advertisement