Am I covered if my airline goes out of business?

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Q:

Am I covered if my airline goes out of business?

A:

This is not a risk insured by our policy, but if you have paid for your ticket by credit card you may be able to claim reimbursement from your card issuer - check your terms and conditions or refer to the booking firm/agent for their terms and conditions.  Special insurance to cover airline failure may be available through your travel agent.

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