Financial Default -A. A tour operator or cruise or airline going out of business with or without filing bankruptcy
View Description of Coverage Excerpt "Financial Default" means the total cessation of operations due to insolvency, with or without the filing of a bankruptcy petition by a tour operator, cruise line, or airline provided the Financial Default occurs more than 14 days following an Insured's effective date for the Trip Cancellation Benefits. There is no coverage for the Financial Default of any person, organization, agency, or firm from whom you purchased travel arrangements supplied by others.
Coverage can vary by plan. Please see plan's Description of Coverage for eligibility and limits.
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