ProtectMyHoliday warns of Christmas airline risk: Cars and Car Insurance UK: Latest Events

Car Insurance UK: Latest Events
Cars -> Car Insurance UK: Latest Events -> ProtectMyHoliday warns of Christmas airline risk

ProtectMyHoliday warns of Christmas airline risk

ProtectMyHoliday is warning travellers to be cautious about Christmas holiday arrangement as the travel industry continues to face large losses.

According to the travel failure specialist, the International Air Transport Association recently predicted that the global airline industry will make a cumulative loss of €11 billion this year, a steep increase on the €9 billion estimated in 2008.

However, the firm estimates that over half of travellers leaving the UK during this year’s festive season will be without financial protection, despite the last two Christmases having seen a number of airlines collapse.

Sales and marketing manager, Michael Ward, recommends that if a trip is booked with an ATOL travel agent, travellers should ensure an ATOL receipt is issued as soon as money changes hands.

Other should check their insurance policies to ensure they include financial protection, which should crop up under sections such as Scheduled Airline Failure (airline only) and End Supplier Failure (airline plus all other suppliers, e.g. hotels, car hire).

Alternatively a dedicated policy can be purchased on-line and tailored to include the details of the airline and other suppliers involved in the trip.

In September, ProtectMyHoliday’s parent company, International Passenger Protection, reported a sharp increase in demand for protection against the failure of established “legacy” carriers, such as British Airways.

The firm provided a risk exposure snapshot as follows: British Airways came top with over 20% of the total sum insured; Virgin Atlantic second with 12%; and Jet 2 third with 11%.

« Towergate names Allianz top performing insurer | Galatea rebrands as Traveler Underwriting Agency »

Classic Road Device Accident Discounts

Many buyers want to query about general motorcycle insurance accident in Jacksonville or on-line auto mobile assurance assurance for uninsured drivers. The answer is simple: pay attention on the issue "ProtectMyHoliday warns of Christmas airline risk" about car insurance uk: latest events and observe the articles for young persons from the online motorhome insurance dealers.

ProtectMyHoliday warns of Christmas airline risk
ProtectMyHoliday warns of Christmas airline risk

Category Car Insurance UK: Latest Events


Car Insurance UK: Latest Events-13
Car Insurance UK: Latest Events

Compensation for delayed flight passengers. Air travellers whose flights arrive at their destinations three hours late or more are now eligible for compensation. Yesterday, the European ...

60% of travellers withhold medical information. AllClear, the medical travel insurance specialist, has warned that 60% of travellers are invalidating their insurance by refusing to reveal ...

ABTA keen to extend ATOL to travellers. The Association of British Travel Agents (ABTA) is furthering the interests of travellers who book holiday flights and accommodation directly ...

  • Search option on automotive website

    • Find out the most affordable deals and prices here.

URL-address: http://car-insurance-news.com/protectmyholiday-warns-of-christmas-airline-risk-20803.html

Obtain affordable motorcycle insurance quotes from mobile assurance broker. Protectmyholiday warns of christmas airline risk and adequate rate for insured women. New York service for ProtectMyHoliday warns of Christmas airline risk