Scheduled Airline Failure Insurance
Once a Travel Agent accepts payments for flights from a passenger and issues an ATOL confirmation invoice, the passenger is the responsibility of the travel agent.
If a flight fails, the travel agent must provide alternative flights or a refund and that is why Arthur J. Gallagher offers Scheduled Airline Failure Insurance (SAFI).
It is designed for travel agents seeking a cost-effective way to protect themselves and their fare paying customers travelling on a scheduled flight anywhere in the world.
The cover enables a travel agent to claim back the cost of ticket refunds and alternative flight should an airline be unable to fulfil its obligation to passengers due to financial failure.
- Helps protect travel agents
- Helps protect fare paying customers