Travel Insurance FAQ

How do I know if my travel supplier is covered by travel insurance?

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Generally, travel insurance policies cover unforeseen events. Financial default often requires meeting additional conditions such as purchasing within an advantage period from the date of first deposit (usually 14 – 21 days) and most have a 14 day waiting period from the time insurance is purchased. Make sure the policy covers your travel provider. A few insurance carriers (i.e Elvia) list companies it will cover if they suddenly default. AIG Travel Guard, Travelex and MH Ross list troubled companies they will not cover.