Travel Business Insurance

Very often, consumers view travel insurance as an extra, optional expense, exclusively for travel abroad. While it does provide more necessary coverage for travel abroad, This perception could put their holiday at risk. Travel insurance is, by all means, optional. However, there are a lot of cases in which is could be a life saver.…

In the world of travel, the terms SAFI (Scheduled Airline Failure Insurance) and SFI (Supplier Failure Insurance) are quite prominent but are often used interchangeably, yet they represent very distinct forms of financial protection that travel businesses may take into consideration as separate entities. Understanding the differences between SAFI and SFI is crucial for travel…

There are two insurance policies that PTS has arranged in favour of the Trust Account to allow you to pay suppliers in advance. These are Supplier Failure Insurance and Scheduled Airline Failure Insurance. Supplier Failure Insurance allows you to pay suppliers in advance of your customers travelling using the customer funds in the trust account.…