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Copyright © 1995-2001
Linda Coffman
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IMPORTANT ANNOUNCEMENT FROM CSA
TRAVEL PROTECTION
Oct 4, 2001 - The events of the past weeks have been financially unsettling for the United States travel industry. Although travel activity is now moving closer to near normal levels, the industry is still trying to recover from revenues lost due to the FAA suspensions and consumer cancellation of flights and cruises. As a result, many travel suppliers are reviewing their current policies, and procedures to ensure continued operations.
In order for CSA Travel Protection and its insurance underwriter, Commercial Union Insurance Company to continue to serve the needs of its travel protection clients, Commercial Union has made the decision to exclude travel supplier "financial default" coverage until the travel industry stabilizes.
Please be advised that effective October 5, 2001, CSA will place an indefinite moratorium on, and no longer include, "financial default" under CSA Travel Protection Plans. CSA Plans sold on or after October 5, 2001, will not include "financial default" protection.
CSA will, of course, honor "financial default" insurance benefits in force on CSA Travel Protection Plans purchased prior to October 5, 2001. CSA will be paying thousands of claims incurred as a result of the tragic events of September 11 and the bankruptcy of Renaissance Cruise Line.
Les Maine
President, CSA Travel Protection
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Please Note: CruiseDiva.com is a non-commercial web site in that it receives no advertising support from cruise lines or travel suppliers.
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