M&S Money Travel Insurance: Passengers worried by airline collapses

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M&S Money Travel Insurance: Passengers worried by airline collapses

M&S Money has reassured its customers that Independent Traveller policyholders will be insured against airline collapses.

Steve Price, head of general insurance at the organisation, commented that when people book flights independently they are often not covered if an airline closes down.

This, he observed, can leave people stranded in a foreign country and often cost them money to sort out, but that this is not the case for those taking out the Independent traveller upgrade on their M&S travel insurance.

"The Independent Traveller cover provided by the M&S travel insurance policy has been designed to meet the changing needs of our customers," he added.

Research by the company showed that 27 million holidays were booked independently in 2008 in the UK, none of which would get the protection that a package holiday offers if an airline closes down.

The Times reported that thousands of passengers were left stranded when SkyEurope had to shut down and suspend flights.

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