Bulgaria Ski discussion board

insurance

Stacey Author: posts : 13   (Beginner)Date : 02-19-10 18:19

insurance

What is insolvency?? i know it sounds stupid but i found a quote for insurance and its says insolvency is not included?? any ideas?

thanks

stacey
jocrad Author:jocrad posts : 384   (Expert)Date : 02-19-10 18:21

re: insurance

Insolvency on the part of the tour operator/airline maybe?? Don't know, just a random guess to be honest!! What context are they using it in?
Stacey Author: posts : 13   (Beginner)Date : 02-19-10 18:25

re: insurance

it just has a lil picture of an aeroplane then says insolvency: not covered?
jocrad Author:jocrad posts : 384   (Expert)Date : 02-19-10 18:29

re: insurance

Maybe as I suggested, I'd give them a call if you're not sure
Stacey Author: posts : 13   (Beginner)Date : 02-19-10 18:47
Christine David Author: posts : 13   (Beginner)Date : 02-19-10 21:35

re: insurance

Insolvency is similar to bankruptcy. In other words, if you cancel your holiday because you're broke, you won't be able to claim. It's a fairly standard exclusion cause. So don't book a holiday if you can't really afford it and might have to cancel.
Bob Author: posts : 13   (Beginner)Date : 02-21-10 11:21

re: insurance

the insolvency is on the side of the tour opperator..if they go bust while your away they wont be getting you home and neither will the insurance company.
Stacey Author: posts : 13   (Beginner)Date : 02-21-10 11:38

re: insurance

aww thats ok, theres always daddys money for that lol
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