Worldwide
Travel Supplier
09.23.22

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

Foreseeable Date

Purchase by Date

Garuda Indonesia

September 23, 2022

September 7, 2022

Genting Hong Kong (Crystal Cruises, Dream Cruises, Star Cruise)*

*Effective 01/18/2022 Travelex is no longer accepting enrollments for trips booked with these suppliers

August 19, 2020

August 3, 2020

Aeromexico

June 30, 2020

June 14, 2020

Scandinavian Airlines System (SAS)

February 16, 2022

January 31, 2022

Georgian Airways

December 31, 2021

December 15, 2021

Grupo Posadas

October 26, 2021

October 10, 2021

Air Seychelles

October 6, 2021

September 20, 2021

Philippine Airlines

May 3, 2021

April 17, 2021

Czech Airlines

February 26, 2021

February 10, 2021

Norwegian Air

November 18, 2020

November 2, 2020

LATAM Airlines Group

May 26, 2020

May 10, 2020

Hertz

May 22, 2020

May 6, 2020

Virgin Atlantic Airways

April 23, 2020

April 7, 2020

Air Mauritius

April 22, 2020

April 6, 2020

Miami Air International

March 24, 2020

March 8, 2020

Flybe

March 5, 2020

February 18, 2020

ITB Holland (Amsterdam)

February 11, 2020

January 26, 2020

Please refer to your appropriate policy document for complete details, including purchase requirements, regarding Financial Default coverage.

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

ExpressJet

August 23, 2022

August 7, 2022

Comair

June 9, 2022

May 24, 2022

Onur-Air

April 15, 2022

March 30, 2022

Pandaw River Expeditions

October 25, 2021

October 9, 2021

Alitalia Airlines

August 24, 2021

August 8, 2021

Mango Airlines

July 26, 2021

July 10, 2021

Lifestyles Presidential Suite Punta Cana

March 8, 2021

February 20, 2021

Sail Windjammers

January 27, 2021

January 11, 2021

Wayfarers USA, Inc

January 22, 2021

January 6, 2021

Story Land and Sea/Savvy Affordable Tours (Queenslander LLC)

December 8, 2020

November 22, 2020

Starlight Tours LLC (DBA Melita Trips)

November 26, 2020

November 10, 2020

Interjet Airlines

November 1, 2020

October 16, 2020

SNA Tours, LTD

September 2, 2020

August 17, 2020

STA Travel in Switzerland

August 19, 2020

August 3, 2020

WorldStrides

July 21, 2020

July 5, 2020

Cruise & Maritime Voyages

July 20, 2020

July 4, 2020

Global Endeavors

July 1, 2020

June 15, 2020

America By Rail

June 15, 2020

May 30, 2020

New York City Vacation Packages

June 10, 2020

May 25, 2020

Jacada Travel Limited

May 27, 2020

May 11, 2020

Legacy Global Sports

May 20, 2020

May 4, 2020

Thai Airways International

May 18, 2020

May 2, 2020

Avianca Airline

May 10, 2020

April 24, 2020

TAME Airlines

May 9, 2020

April 23, 2020

Beyond Band of Brothers Tours (Procom America, LLC)

April 15, 2020

March 30, 2020

Sweet Magnolia Vacation Tours

April 8, 2020

March 23, 2020

RavnAir Group

April 5, 2020

March 20, 2020

Cancelon.com

March 26, 2020

March 10, 2020

Nordic Destinations LLC

March 20, 2020

March 4, 2020

Bookit.com

March 17, 2020

March 1, 2020

Go Real Travel

March 8, 2020

February 21, 2020

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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