Low-Cost Airfare Insurance

Summary


"Ticket Protector" is a "lite" version of trip-cancellation and trip-interruption insurance (TCI) focused on non-refundable air tickets. Currently, Access America is selling it through three major airlines - American, Continental and Northwest - with more lines likely to sign on in coming weeks. It's a low-cost, low-coverage product aimed at travelers whose main financial risk is the cost of a non-refundable ticket. It could appealto many travelers.

The basic purpose of all TCI is the same: to reimburse you for any prepayments you might lose if you have to cancel a trip after you've already paid for all or part of it. TCI applies both to pre- departure problems ("cancellation") and unexpected early return if something happens while you're traveling ("interruption").

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Extract


Low-Cost Airfare Insurance

Like other forms of TCI, Ticket Protector protects your prepayments only for "covered" reasons. Typical covered reasons include: illness...

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