Travel Insurance - Unable to complete trip cost

cloud_dog

Hi

We have planned and are paying for a holiday with a group of friends (to the US next June 2020). Holiday insurance has been taken out for the trip as it is relatively expensive (£3k per person).

One of the other couples has a situation where they may not be able to afford to continue paying for the trip (redundancy).

This may seem obvious but, if they are unable to continue paying and need to notify the holiday company to 'cancel' their holiday (due to redundancy) would they simply claim off their insurance based on 'cancellation' or another clause?

Note: redundancy was not known about when the trip was booked / insurance taken out.

cloud_dog

I've just spotted someone else has posted a 'cancellation' query, with a respondent highlighting the T&Cs section so I'll have a read through of ours.

elsien

It would come under cancellation, but they need to check their specific policy to see if redundancy is covered.

blindman

cloud_dog wrote: »

I've just spotted someone else has posted a 'cancellation' query, with a respondent highlighting the T&Cs section so I'll have a read through of ours.

Holiday insurance has been taken out for the trip as it is relatively expensive (£3k per person).

I would hope for that price redundancy is covered.:eek:


Why so expensive?

splishsplash

blindman wrote: »

I would hope for that price redundancy is covered.:eek:


Why so expensive?

I thought the same when I read it, but I think it's the cost of the trip that's 3K per person, not the cost of the insurance:rotfl:.

blindman

splishsplash wrote: »

I thought the same when I read it, but I think it's the cost of the trip that's 3K per person, not the cost of the insurance:rotfl:.

Yes , just re-read it!


DOH!!

cloud_dog

some more text

badger09

The sometimes maligned Nationwide bank account linked travel insurance policy definitely covers redundancy.

cloud_dog

As the trip is not until next June, is there a good chance that the friend will find another job soon? Not offering advice, but depending on payment schedule, they might not have to cancel immediately? Just a thought.