Scheduled Airline Failure Indemnity (SAFI)

Scheduled Airline Failure Insurance has proven to be an invaluable protection for Advantage members. Most recently the dramatic collapse of Globespan highlighted the deficiency of the current arrangements for providing consumer protection...

Out of the 4,500 passengers stranded overseas only 1,100 were on packages and therefore protected under the ATOL scheme. The remaining 3,400 seat only passengers had to pay their own way home unless they were fortunate enough to be covered for airline failure through their travel insurance or through their travel agents Scheduled Airline Failure Insurance (SAFI).

Fortunately, a good deal of Advantage members in Scotland were able to look after their “Globespan” customers as they had protection under the Advantage SAFI scheme. The scheme allowed agents to claim for any monies they paid to the failed airline enabled them to refund or more importantly re-book their clients flights. 

To find out more about how Advantage’s Scheduled Airline Failure Insurance can help you protect your agency while looking after your customers contact:

Andrew Donnelly – 0207 324 3957 or email Andrewd@advantagetravelcentres.com

Would you like a quote?
If you are interested in receiving a quotation, simply complete the application form and return it along with an excel spreadsheet detailing the following:-

• List of tickets issued per Airline for a 12 month period (estimated or actual)
• Total value of tickets per Airline for a 12 month period (estimated or actual)

Download the application form here:   SAFI Application Form April 2011

Read the policy wording here:   SAFI policy wording Nov 2010

You can return this information to us either by email or fax and we can provide a quote within 48 hours. Please take care to enter all the airlines you use or plan to use in the appropriate section to ensure the most accurate quotation

P.S. We can also provide additional cover to protect you and your customer against the failure of any travel supplier under our Supplier Failure Insurance scheme.