Ministers to have ATOL insurance scheme expanded
The Atol travel protection programme is to be expanded under new reforms.
Travel Insurance News - 03/02/2011
<< The latest from the FCO on Travel to Egypt | Travel News | Belgian students taken off Ryanair flight from Spain >>
The government has announced its intention to expand the Air Travel Organisers’ Licensing travel insurance scheme. Under planned reforms the protection will be expanded to cover holidaymakers booking flights and accommodation packages online.
Ministers announced on Thursday that they want to expand existing protection for holiday makers who arrange flights and hotels using online agencies. The aim is to ensure that these customers are also protected in the event of online travel firms collapsing.
Theresa Villiers, the UK aviation minister, today said that the proposed changes would expand protect to approximately six million more holidays. Not only do the reforms mean big changes for the government-operated Atol insurance scheme but they could also result in big changes for the online travel booking industry.
The Department for Transport launched the proposed reforms today. The department said the proposals aim to provide the same level of protection for any travellers who book their flights or hotel packages online as that already in place for travel arranged through tour operators.
The changes will mean independent bookings cost £2.50 more but will mean travellers enjoy better protection. The Atol scheme has operated since 1970. For travellers who book charter flights or package holidays, the scheme provides protection in case travel firms collapse.
<< The latest from the FCO on Travel to Egypt | Travel News | Belgian students taken off Ryanair flight from Spain >>
CheapTravelInsurance.com is a trading name of JEM Clothing Ltd. Registered in England. Company No: 09319107 Registered Office: 98 Station Road, Sidcup, Kent, DA15 7BY which for travel insurance are Introducer Appointed Representatives of Just Insurance Agents Limited who arrange and administer travel insurance on behalf of CheapTravelInsurance.com.
Just Insurance Agents Limited are registered in England. Company No. 05399196. Registered Office: Victoria House, Toward Road, Sunderland, SR1 2QF. Just Insurance Agents Limited are authorised and regulated by the Financial Conduct Authority (FCA) number 610022.