Worldwide
Travel supplier
11.06.24

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.

Events listed on this page will reflect the past 2 years. Any events outside of that timeframe can be located on the archive page.

Company

Foreseeable date

Purchase by date

FlyEgypt (Zurich-underwritten plans)

October 21, 2024

October 8, 2024

FlyEgypt (Berkshire Hathaway-underwritten plans)

October 21, 2024

October 5, 2024

Spirit Airlines (Berkshire Hathaway-underwritten plans)

October 28, 2024

October 13, 2024

Spirit Airlines (Zurich-underwritten plans)

October 3, 2024

September 20, 2024

Canada Jetlines (Zurich-underwritten plans)

August 15, 2024

August 2, 2024

Canada Jetlines (Berkshire Hathaway-underwritten plans)

August 15, 2024

July 31, 2024

Maranatha Tours (Berkshire Hathaway-underwritten plans)

July 10, 2024

June 25, 2024

Maranatha Tours (Zurich-underwritten plans)

July 10, 2024

June 24, 2024

Curacao's JetAir (Zurich-underwritten plans)

June 18, 2024

June 4, 2024

Curacao's JetAir (Berkshire Hathaway-underwritten plans)

June 18, 2024

June 2, 2024

FTI Touristik GmbH (Zurich-underwritten plans)

June 3, 2024

May 20, 2024

FTI Touristik GmbH (Berkshire Hathaway-underwritten plans)

June 3, 2024

May 18, 2024

Brazil Airline GOL

January 25, 2024

January 9, 2024

Braathens Regional Airlines

October 19, 2023

October 3, 2023

Ultimate JetCharters

October 10, 2023

September 25, 2023

Niceair

May 19, 2023

May 3, 2023

Ultra Air

March 30, 2023

March 14, 2023

Viva Air

February 10, 2023

January 25, 2023

Garuda Indonesia

September 23, 2022

September 7, 2022

Other travel suppliers

Travelex Insurance and its underwriters have made a business decision to no longer accept enrollments for trips using the following list of travel suppliers.

Company

Foreseeable date

Purchase by date

ARYYVE Tours

August 2, 2024

July 18, 2024

Air Vanuatu

May 10, 2024

April 26, 2024

GoGo Worldwide Vacations

February 28, 2024

N/A

Lynx Air

February 22, 2024

February 6, 2024

American Queen Voyages, formerly American Queen Steamboat Company

February 20, 2024

February 4, 2024

Schneider Reisen

September 19, 2023

September 3, 2023

Air Belgium

September 18, 2023

September 2, 2023

Vantage Deluxe Travel

June 12, 2023

May 27, 2023

Air Moldova (Zurich-underwritten plans)

April 21, 2023

April 5, 2023

Air Moldova (Berkshire Hathaway-underwritten plans)

February 2, 2023

January 18, 2023

Blue Air

March 21, 2023

March 5, 2023

ExpressJet

August 23, 2022

August 7, 2022

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

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