The collapse of the UK’s third largest travel company has been all over the news, what you may not be aware of is that a further 22 companies have followed suit during the last 6 months. It is even more alarming to think 9 of those were a direct cause of the XL demise.
Hundreds of holidaymakers were left stranded abroad with many being left without a way back home. People were frantically trying to book new flights home but were met with increased prices and as they had no other options, they were forced to pay the required amount.
Many people choose to opt out of travel insurance when going on holiday. They think the problems going on will not affect them, however, the chances are at the moment you are more likely than not to experience a delay of some kind. Being without travel insurance is a disaster waiting to happen and something you should not risk.
Many experts say think we have not seen the full effects of the XL collapse. If this is the case then many more tourists will find themselves with problems on their holidays. The thing to remember is, holiday insurance will protect you from all this. Should you have to pay for extra flights, your insurance (as long as you have sufficient cover!) will cover you.
For those who have not yet set off on that dream holiday, double check everything before you leave. Most people pay for the holidays on their credit card; if this is the case then you are ok. Your credit card company should reimburse you.
Ones loss is often another ones gain. Other airlines, such as EasyJet, have added extra flights to their schedule to try and help customers who have been affected. People have been experiencing problems on holiday for many years now but with recent developments, finding cheap travel insurance could not be more important.
Finding travel insurance is more important after the collapse of 23 holiday companies in 6 months. Looking for insurance is easy by shopping online where you can find the best deals on cheap travel insurance .
Help answer the question about airline cheap travel
where can I get cheap airline tickets and travel packages.I am planning my honeymoon, i am lookin into the caribean, jamaica, and australia. the airline tickets are expensive, please let me know how i can get a good deal.
Thanks
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An experienced advisor in the financial sector, dealing with customers throughout Europe.
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