Check your travel insurance covers airline collapse

With the bankruptcy of SkyEurope this week it’s a timely reminder to make sure your travel insurance provides cover should this happen to you.

Many travel insurance policies assume that policyholders will be covered for an airline collapse through their tour operator being a member of ATOL.

However, as M&S travel insurance points out, package holidays now only account for around 40% of the overseas holiday market.

Many people are opting for independent travel and looking to take advantage of low cost airlines and online travel services.

As an independent traveller it’s vital to check your travel insurance covers you should an airline or holiday company going bust.

You can quickly and easily compare travel insurance across different providers to see whether or not independent travel is included.

For example, with M&S Premier annual multi-trip insurance Independent Traveller cover is included, with single trip travel insurance it’s an optional extra.