Travel & General Insurance Services (t&g) is a specialist Insurer that has consistently focused on providing Travel Bonds, Travel Industry guarantees and Financial Failure Insurance products for the Travel Industry for the past 40 years. During this time, we have built up strong relationships with Industry bodies including ABTA, ABTOT, ATOL, AITO, CAR and ITAA which has helped our clients navigate through their compliance requirements.

ABTOT insurance backed Bonds, ABTOT Financial Failure Insurance and ABTOT ATOL Franchise Bonds.

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Why a Travel Bond

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A Travel Bond is a recognised form of security. Travel Bonds by Insurance tend to be unsecured meaning other business assets are not-tied-up as they would be normally to guarantee a bank bond. ABTA and ABTOT (including the BCH scheme) who are appointed by the Government to oversee the bonding process as required in the 2018 Package Travel Regulations for Travel organisers who arrange non-flight packages. The Commission for Aviation Regulation (CAR) who administer the scheme of insolvency protection in Ireland for Travel Organisers.

Travel Bonds FAQs

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If you sell packages, you must provide financial protection in the event of your insolvency. This covers all your customer prepayments and repatriation and claim costs. You can provide this through a Bond, Financial Failure Insurance (FFI) or an approved Trust Account. Travel Bonds by Insurance also tend to be unsecured and have additional advantages as cash sums and other business assets are not-tied-up as they would be normally to guarantee a bank bond.Travel bonding is the idea way to meet your regulatory requirements and suitable for all types of travel organisers.

Financial Failure Insurance

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It is a pay as you go insurance scheme with passengers and premiums declared monthly to t&g. It is suitable for Travel Organisers who wish to cover their non-flight holidays (accommodation sold with another travel service) and can be extended to cover accommodation only sales too. ABTA accepts topp as financial protection when ABTA Members do not fulfil ABTA's standard financial criteria.

Travel Insurance

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The right Travel Insurance policy can help give customers the confidence to book with you. An Appointed Representative - active non-advised sales by your staff, subject to a minimum volume or. Introducer Appointed Representative - promotion of travel insurance on your websites - no minimum volume. We will provide a URL with your brand to help promote and capture sales.

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