Wed, 26 Apr 2006
There has been a growing number of people designing their own holidays; however, they could risk losing their money if their airline or tour operator experiences financial difficulties.
The Civil Aviation Authority (CAA) has raised concerns that around 11.2 million DIY holidaymakers could be ignoring vital holiday insurance protection. Nearly 50 per cent of those travellers involved in a CAA survey felt that some form of financial cover was "essential". However, one in five wrongly felt their holiday would be protected if their airline or hotel ceased trading.
"Our research shows that although millions of holidaymakers will build DIY breaks this summer, they don't realise they are at risk," said Atol spokesman David Clover, speaking to Reuters.
"If consumers are booking DIY holidays this summer, we urge them to take out their own financial protection measures, such as buying with their credit card or taking out insurance which covers against the dangers of insolvency," he added.
The CAA is advising all travellers to make sure that any company they book with are members of the Air Travel Organisers' Licensing (Atol) scheme as well as advising them to shop around for the most suitable holiday insurance.
© Adfero Ltd

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