Globus Family of Brands Travel Protection – Insurance information
Why should I purchase Globus Travel Protection?
For generations, Globus 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
Globus has provided a $10 million letter of credit* issued by a leading bank to protect payments made by its customers for all vacation departures sold in the United States. "In these uncertain times, Globus feels it is important to assure their customers and their travel partners that they are financially secure and that they back the Globus Family products 100 percent," said Scott Nisbet, chief executive officer and president. This is in addition to the $1 million traveler's assistance program maintained by the United States Tour Operators Association (USTOA) in favor of Globus travelers.
*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:
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. Globus know these things can happen and Globus provides 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