Scheduled Airline Failure Insurance (SAFI)
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Scheduled Airline Failure Insurance (SAFI) will meet certain costs that might arise due to airline failure. One single premium will cover you for 12 months, so you are covered for all your trips in one year. The airline failure policy is only available as an optional extra to one of our existing travel insurance policies.
Here are some frequently asked questions: |
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| Which Scheduled Airlines are included in the cover? |
The policy provides for all scheduled flights operating in the world provided:
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| Can anyone buy Annual Scheduled Airline Failure Insurance? | Yes, provided you are in the United Kingdom otherwise cover will not operate |
| Do I need to declare information on the airlines I intend using? | No, but at the time of policy purchase you must not be aware of any circumstances which are likely to give rise to a claim. For example, press comment on likely failure or insolvency. |
| How much is insured? | Cover is provided up to £1,500 for each scheduled airline ticket purchased by the person named on the policy schedule |
| Is there a maximum limit on the insurance? | The policy provides for a maximum of £1,500 per scheduled airline ticket though there is no limit on the number of tickets you may purchase throughout the year. |
| When does cover commence? | You choose when you wish to incept the policy which runs for 12 months. |
| Who underwrites the insurance? | The insurer is Great Lakes Reinsurance (UK) Plc a wholly owned subsidiary of the Munich Reinsurance Company. As such, they are an integral part of the Munich Re Group, supporting a gross premium income in excess of £1billion. |
| Are there rules to making a claim? | Yes, you must notify your claim within 28 days of occurrence to the Travel Insurance Claims Telephone number, which will be on your policy documents. |
| Will I be reminded when my policy runs out? | Yes, you will be contacted in advance of your policy lapsing so you can renew your insurance with no loss of cover. |
If you have any further questions, please contact us on the number at the top of this website.