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Am I covered if the airline, cruise line or tour operator I have booked with ceases operations or becomes financially insolvent?

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Am I covered if the airline, cruise line or tour operator I have booked with ceases operations or becomes financially insolvent?

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The Rein Teen Tours Travel Protection Plan covers Trip Cancellation or Trip Interruption due to Financial Insolvency (as defined in the policy) of an airline provided: the Financial insolvency is not of the person, organization, agency or firm from whom you directly purchased or paid for your Trip; the Financial Insolvency occurs more than 15 days following your effective date for the Trip Cancellation Benefits; and your premium is received within 30 days of the initial deposit/payment for your Trip.

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