Travel Insurance Is About More Than Just Broken Bones And Lost Bags.

May 24, 2010 - PRLog -- Travel Insurance is about more than just broken bones and lost bags.  The recent global economic downturn has led to a number of airlines going out of business, leading to problems for British holidaymakers.  With the airline industry continuing to look vulnerable under economic pressures, Columbus Direct is proud of its Scheduled Airline Failure Insurance, which protects holidaymakers in the event of airlines going out of business.

It has been a difficult few years for the airline industry.  Reduced air travel has seen a number of airlines go bust: Flyglobespan, XL, Zoom, Oasis, Nationwide, Eos and Silver Jet have all gone out of business, with disastrous consequences for British holidaymakers.  When Flyglobespan went under 3,400 people were left stranded abroad with no protection.  Dangers are not limited to this end of the market, either.  British Airways reported a 12 month loss of £531million this week after a year blighted by industrial disputes.  Stelios Hajj-Ioannou has just quit the board of easyJet, a company he founded, over a strategic dispute with the management.  Shares in easyJet plummeted as a result.

Clearly, travellers must be protected against problems with their airlines just as urgently as personal injury or lost luggage.  Columbus Direct is pleased, therefore, to include Scheduled Airline Failure Insurance with all travel insurance policies sold at no extra cost.  This means that when airlines go bust before a planned holiday customers can buy replacement airline tickets up to the value of £5000.  Those stranded abroad by airline bankruptcy can claim against the cost of their replacement flights home.

This is not offered by all travel insurance companies.  It underlines Columbus Direct’s commitment to covering people in the event of unconventional problems.  In that sense it is like the optional ‘Emergency Travel Upgrade’ which uniquely covers passengers in the event of any unforeseen circumstances.  Columbus is firmly committed to protecting its customers in the face of changing economic circumstances.

For more details Customers can contact Columbus via its website www.columbusdirect.com or by calling 0800 082 1287.

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Columbus Insurance Group has a track record of more than 25 years in providing quality insurance products. With customer service and innovation at the heart of what we do we – we’ve covered over 12 million customer in over 45 countries worldwide.