Tour Operator Insurances and Bonds

Through our favoured relationship with Northern & Western Insurance Company (NWIC) in the UK and Ireland we are able to provide a comprehensive range of commercial insurances and bonds for Travel Agents and Tour Operators from Scheduled Airline failure (SAFI) to Travel Disruption Insurance (TDI).  We now arrange these types of cover for over 1,200 Travel Agents.

Why the NWIC Policy?

We feel their policy to be the simplest to arrange, operate and to be the most comprehensive with less exclusions and of course can be tailored to suit a Travel Agents needs.  Also, unlike some other policies it will provide you with a limit per passenger per trip (based on your own figures & requirements) rather than a maximum combined limit per airline or supplier.

Scheduled Airline Failure Insurance (SAFI)

Scheduled Airline Failure Insurance allows you to select cover for scheduled airlines only, rather than the whole host of travel-related suppliers (see SFI & SFC).  Scheduled Airlines are identified as those who sell to the public at large, publish a timetable and operate to a specific schedule including low cost airlines such as Easyjet.  Even charter flights such as Thomsonfly and Monarch that also publish a timetable are covered by our Scheduled Airline Insurance.

You and your customers are protected - if a scheduled airline goes out of business before or during your customers’ holiday.

Covers the costs you have to refund - repayment of all monies paid prior to the departure of passengers or the cost of a return flight where the passenger is outside their country of departure

Cover can be provided from £500 to any limit - you determine what cover you require per passenger.  No FSA regulation is necessary as this is a commercial policy.

Supplier Failure Insurance (SFI)

Designed to protect a Travel Agent against the Financial Failure of a Third Party Supplier (excluding scheduled airlines) when forming part of a packaged trip.

Repayment of the amount paid by the passengers forming the part of the trip affected by the Financial Failure.

Complete Supplier Failure Insurance (SFC)

Designed to protect a Travel Agent against the Financial Failure of either a Third Party Supplier or Scheduled Airline when forming part of a packaged trip.

Repayment of the amount paid by the passengers forming the part of the trip affected by the Financial Failure.

Or,

The cost of a return flight where the passenger is outside their country of departure.

Travel Disruption Insurance (TDI)

Protects you against those now too frequent natural disasters and political unrest which causes delay, curtailment or cancellation of a trip.

Like the other commercial policies premium is charged on a per passenger basis.

Current TDI policy coverage:

War, invasion, acts of foreign enemy, hostilities or warlike operation (whether war be declared or not), civil war, mutiny, military rising, insurrection, rebellion, revolution, military or usurped power, climatic conditions* and acts of nature* which happen during the period of insurance and gives rise to an outward or return journey being delayed by more than 24 hours.

* an event caused by the following forces of nature that has a catastrophic consequence: fire, flood, earthquake, explosion, tsunami, volcanic eruption, landslide, avalanche, hurricane, cyclone or storm.

Cruise Protection Insurance (CPI)

Cruise Protection Insurance is designed to cover your business against any financial losses incurred due to a client missing the connection to their cruise; protecting you against cruise abandonment, travel delay and missed departure on the outward journey.

Key Points of the cover include:

Cruise Abandonment.  provides cover for travel arrangements, expenses you have paid or contracted to pay.

Travel Delay.  provides a benefit payment for each 6 hour delay in a passenger’s journey to the cruise departure point.

Flexible limits.  From £500 upwards per passenger.

No FSA regulation necessary.

Financial Failure Insurance (FFI)

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ATOC Bonds

As the preferred agent for Northern & Western Insurance Company we are able to provide Train Operating companies ATOC bonds direct

Chartered Airline Failure Insurance (CAFI)

Designed to cover Charter Airline brokers and Agents from their loss due to the Financial Failure of  a Chartered Airline.