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International News : BANKRUPT AIRLINES
Posted by PattayaCity on 2008/12/11 7:10:00 (5296 reads) News by the same author

Bankrupt Airlines

It seems that travelling today can be a rather risky business ? and not because you might break a leg skiing. Over the summer, we saw several airlines and travel agencies go bust, leaving thousands of holidaymakers stranded in foreign lands without a way of getting home.

Worse still, most of these people were not covered financially for this unforeseen eventuality, and so had to pay extra in order to get back home in one piece.

Although it?s been a while since the threat of an epidemic of collapsing airlines has nigh, it?s worth knowing that, alongside you?re usual Travel Insurance policy, you can take out some extra cover that will allow you to claim up to ?5,000 if the holiday supplier cannot provide the holiday services you have paid for. This is particularly appealing for those who avoid the package deals and like to book each element of their holiday separately ? this extra minor cost will cover against each individual element independently.

As with all insurance deals, it?s worth shopping around for the best deal available by checking a price comparison website, or by phoning around yourself. However, a good place to begin is with Go Travel, who is a highly trustworthy and experienced supplier who is not only respectable, but competitively priced also.

There are many travel insurance providers on the internet, but a point of advise would have to be to go with someone you can trust. For single trip insurance, difference between prices can be negligible, but differences between experience and customer service can be huge. Be sure you know what you?re getting.

With the economy heading further and further into what we are finally allowed to call a recession, there is every possibility that some of the smaller airlines and travel companies will go under, so that bit of extra insurance will provide peace of mind. Be aware that, as a result of a depleting number of suppliers, holiday prices are sure to rise as competition drops off. If ever there were an excuse to book a holiday now, then this is it. Things are surely going to get worse before they get better.

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