The right financial protection more important then ever in aftermath of Thomas Cook woes

Thomas Cook’s troubles can only have got worse now that their cap in hand visits to the banks have been publicised all over the front pages of Britain’s newspapers. If they were having trouble selling holidays before then they certainly will be from now on. After all, who would want to buy a holiday from a company at risk of collapse? After all, if your tour operator does collapse, the money you have paid it becomes at risk while it does everything it can to pay off its creditors and stave off meltdown.

So how do you ensure that if your tour operator lands itself in trouble, your money and your friend’s money remains safe? The best way to do this is to book your trip with a tour operator that enjoys ABTA (and ATOL if you’re travelling abroad) protection. ABTA vet the companies they protect, and supervise a system whereby the money customers place in the trust of the tour operator is kept in a separate account that is only used to pay suppliers of the customer’s weekend.

Why Maximise? Maximise enjoy ABTA protection. ABTA is the recognised industry standard protection for the travel industry – accept no substitute.

 

posted @ Wednesday, November 23, 2011 5:20 AM

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