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What should I do if my holiday company goes bust ...

Your provider goes bust while you're on holiday. Start by checking if you have ATOL protection. Having this cover in place can stop you losing your money, or being stranded abroad, if the company you booked a package holiday with goes bust. Under UK law, every travel company that sells holidays and flights needs to hold ATOL.…

My travel company has gone bust, what can I do?

It would also be a good idea to contact your travel insurance company. Not all travel insurance policies will cover you in the event that a travel company goes bust. Make sure you double check the small print to ensure the policy includes end-supplier failure. This should cover you if companies you have booked through - such as your airline, car hire firm or accommodation supplier - fail.…

Holiday Protection Insurance - MoneySuperMarket

Dec 06, 2018 · Premium travel insurance policies may also protect you in the event a travel company or airline goes bust: End supplier failure cover can help you recover any money you lose if your hotel or travel company goes bust. Scheduled airline failure cover protects you if the airline company you were flying with goes under.…

What happens if my insurance firm goes bust ...

Sep 17, 2008 · The company has a trillion dollars in assets and insures bank loans around the world. Even if the company had gone bust, however, UK consumers with insurance policies underwritten by AIG would have been covered thanks to a scheme set up by City regulator the Financial Services Authority (FSA).…