IPP launches protection policy for DIY packages
Travel insurance provider, International Passenger Protection Limited, has developed a protection policy covering passengers for the financial failure of any element of their holiday.
Developed in conjunction with a consortium of insurers, the policy is tailor-made to individual companies or websites so that passengers could be protected for everything booked on that website.
This would include the airline, hotel, car hire, excursions, transfers and other items currently available on the internet.
“It is perfectly clear that there is a huge demand for a consumer protection policy of this nature,” said a spokesman.
“This will be most suitable for an airline or consolidator’s website which includes DIY packages.
“DIY packages are becoming the favoured choice of consumers but by buying holiday components separately there is no ATOL protection in place. PP’s DIY insurance policy is designed to fill the gap brought about by changing consumer habits and provide that financial protection.”
IPP claims the policy is not only comparable with an ATOL protection but is in fact much more comprehensive, simpler and cost-effective.
It includes repatriation to a similar standard as booked and consequential loss as a result of any failure.
By Bev Fearis
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
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