Supplier Alert Coverage
Financial Default Coverage Statement
In unstable economic times, travel suppliers can experience financial issues, causing some suppliers to partially or completely suspend their operations. Travelex Insurance Services Inc. (“Travelex Insurance”) would like to remind you of the
importance of purchasing travel protection for reasons such as financial default.
Some Travelex Insurance protection plans provide coverage for financial default occurring more than 14 days following an insured’s effective date for
the trip cancellation or trip interruption benefits. A Travelex Insurance protection plan with coverage for financial default must have been purchased prior to the date when financial default became foreseeable per the terms of the policy in order
to be eligible for coverage.
The suppliers listed below have either defaulted or are not yet considered to be in Financial Default and are at risk for Financial Default with foreseeability dates as indicated below. Travelex is still accepting
enrollments for these suppliers, but plans purchased after the listed foreseeability date will not include Financial Default coverage.
Company | Forseeable Date |
Genting Hong Kong | August 19, 2020 |
Crystal Cruises | August 19, 2020 |
Dream Cruises | August 19, 2020 |
Star Cruises | August 19, 2020 |
LATAM Airlines Group | May 26, 2020 |
Hertz | May 22, 2020 |
Virgin Atlantic Airways | April 23, 2020 |
Miami Air International | March 24, 2020 |
Flybe | March 5, 2020 |
ITB Holland (Amsterdam) | February 11, 2020 |
Island Air | October 16, 2017 |
Alitalia | May 2, 2017 |
Direct Air | March 12, 2012 |
Please refer to your appropriate policy document for complete details, including purchase requirements, regarding Financial Default coverage.
Other Travel Suppliers
Travelex Insurance and Berkshire Hathaway Specialty Insurance Company (BHSIC) have made a business decision to no longer accept enrollments for trips using the following list of travel suppliers.
Company | Forseeable Date |
STA Travel in Switzerland | August 19, 2020 |
WorldStrides | July 21, 2020 |
Aeromexico | June 30, 2020 |
America By Rail | June 15, 2020 |
New York City Vacation Packages | June 10, 2020 |
Jacada Travel Limited | May 27, 2020 |
Legacy Global Sports | May 20, 2020 |
Thai Airways International | May 18, 2020 |
South African Airways | April 18, 2020 |
Beyond Band of Brothers Tours (Procom America, LLC) | April 15, 2020 |
Sweet Magnolia Vacation Tours | April 8, 2020 |
RavnAir Group | April 5, 2020 |
Nordic Destinations LLC | March 20, 2020 |
Bookit.com | March 17, 2020 |
Amber Road Tours | March 17, 2020 |
Go Real Travel | March 8, 2020 |
Cox and Kings | October 1, 2019 |
Thomas Cook Airlines | September 23, 2019 |
Thomas Cook Travel - UK | September 23, 2019 |
Amanda Tour | September 20, 2019 |
Heritage Tours | June 14, 2019 |
Revealed America | June 14, 2019 |
Absolute Travel (New York NY) | March 22, 2017 |
EuroPanache | October 23, 2015 |
Arch Vacations Inc | September 10, 2015 |
Black Ops Valdez LLC | September 10, 2015 |
H20 Guides Inc | September 10, 2015 |
Club ABC Tours | October 1, 2012 |
Symphonic Voyages Inc | December 19, 2011 |
Nomads Inc - Michigan Corporation | February 25, 2011 |
Renaissance Pilgrimages | May 28, 2010 |
For travel partners who submit Travelex plan enrollments through an API or roster, you must no longer offer Travelex insurance or accept plan enrollments for any of the suppliers identified on these lists.
This list may not be a full representation of all events. For
a summary of the plans details on coverages, benefits, limitations and exclusions of the insurance plan, please refer to the applicable Description of Coverage or state specific Individual Travel Protection Insurance Policy. PLD