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Globus Family of Brands Travel Protection – Cosmos Insurance information


Why should I purchase Cosmos Travel Protection?

Cosmos has worked hard to provide the best on-trip experiences, world-class customer service, and the best consumer protection plans available in the travel industry.

$11 Million of Travel Protection

For your peace of mind, Cosmos provides not just one, but two financial plans for your protection—the Cosmos $10 Million Customer Protection Plan* AND the USTOA $1 Million Travelers Assistance Program. Cosmos has provided a $10 million letter of credit issued by a leading bank to protect payments made by its customers for all vacation departures.

This is in addition to the $1 million assistance plan maintained by the United States Tour Operators Association (USTOA). Cosmos feels it is important to assure Cosmos' customers and their travel partners that they are financially secure and that they back their products 100%.

Cosmos, as an Active Member of USTOA, is required to post $1 Million with USTOA to be used to reimburse, in accordance with the terms and conditions of the USTOA Travelers Assistance Program, the advance payments of Cosmos customers in the unlikely event of Cosmos bankruptcy, insolvency, or cessation of business. Further, you should understand that the $1 Million posted by Cosmos may be sufficient to provide only a partial recovery of the advance payments received by Cosmos.

*The $10 million letter of credit has been issued by Credit Suisse S.A. in favor of PRO-CLAIM, INC. of Highlands Ranch, Colorado, acting as trustee of a trust for the benefit of Globus and Cosmos customers who advance deposits or payments for any Globus or Cosmos tour departure sold in the United States. PRO-CLAIM INC., as trustee of the trust, is responsible for refunding deposits or payments (excluding deposits or payments made by credit cards, since chargebacks are available), for Globus and Cosmos tours sold in the United States in the event Group Voyagers Inc., d/b/a Globus and Cosmos, becomes insolvent, bankrupt or ceases business.

Travel Protection Plan:

You're planning your annual vacation, or the vacation of a lifetime. Either way you don't want to think about canceling or interrupting your trip. Or getting sick. Or losing your luggage. Cosmos' knows these things can happen and they provide travelers peace of mind with comprehensive Travel Protection plans. The plans offer a wide range of benefits. In addition to excellent trip coverage and cancellation protection, an extra benefit is also available that allows for cancellation up to 24 hours prior to departure (or prior business day, whichever is farther out) for any reason. In the event the reason for the cancellation is not covered under the plan inclusions, the cancellation penalty as retained by the Globus family of brands and will be reimbursed in the form of Travel Certificates, minus the travel protection payment, valid for travel within 2 years from the original cancelled vacation start date. This cancel for any reason benefit does not cover independently purchased air or Instant Purchase Air arranged by Globus family of brands. Ask your travel agent for the details, get the details in your travel documents or follow the link below

Learn more about the travel protection


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