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Trip insurance - financial default

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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??

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