Booking with a credit card with a travel agent certified by Atol will help people to ensure they are compensated in the event of airline failure, the Association of British Insurers (ABI) has said.
The group said that doing so may provide extra protection for tourists as the majority of
travel insurance firms do not cover commercial collapse of airlines as a standard part of a policy.
Commenting recently, Malcolm Tarling, a spokesperson for the ABI, explained: "Typically, cancellation is covered when specified events occur, such as illness of yourself or a close relative, jury service or being made redundant."
His comments follow the failure of a number of air operators in the UK and the rest of the world.
UK-based Zoom was the 24th airline to shut down operations so far this year.
Many operators have been struggling to absorb the recent rise in the price of oil, which hit $147 per barrel in July.
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