Airline bankruptcy travel insurance?
 

We've recently booked an expensive trip to France for five people. I had hoped to use the bankruptcy protection insurance at Travel Guard, but realized that United isn't covered. Does anyone know of another travel insurance group that will provide bankruptcy protection insurance?

If you click on the resource tab of Fodors you can choose travel insurance and there is information posted on the main companies.

Insight,<BR><BR>Don't know of any &quot;bankruptcy travel insurance,&quot; but heard on the news last Sunday...&quot;If we go to war, travel insurance will not be honored. Check out the fine print.&quot;<BR><BR>Francie<BR><BR>Francie

United has already filed for bankruptcy protection, and while still operating, I don't think you'll find any insurer who will insure for financial default of a company that's already filed. It isn't really bankruptcy protection insurance, it covers situations when a<BR>company completely stops operating.<BR><BR>I work in insurance consulting, and when an insurer covers events<BR>that are probable or almost certain, they price the premium at about the<BR>same cost as the event. So, if you could find an insurance policy to cover United's financial default, it would probably cost you a lot in premiums.<BR><BR>I don't know of any policy that does, and I've looked at all the major ones<BR>(TravelGuard, Access, CSA, Travel Insured). If you are going in the next few months, I wouldn't worry so much about that myself, as they just filed in<BR>December and should be operating under reorganization maybe 12-18 months before liquidating (if they do), athough they may curtail services more. You probably wouldn't get any payments, anyway, unless they totally stopped operating. <BR><BR>Whatever insurance you buy, you must buy within a very short time of first payment on the trip (usu 7-14 days?) to get best protection.<BR>

Thank you so much! This is exactly the type of information we needed.