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Central Holidays Eliminates Job Loss Cancellation Penalties

May 27, 2009 By: George Dooley


Central Holidays has introduced its newly enhanced Travel Insurance that enables cancellation of a trip should travelers experience a loss of employment after booking their travels. Central Holidays believes that in these difficult economic times, travelers can be hesitant about booking vacation plans for fear of a potential economic setback or job loss. The company's insurance policy eliminates any cancellation penalties for a reservation should the traveler become unemployed prior to their travel departure date.

"The enhancements to the insurance plan available to Central Holidays' travelers give them what they need to navigate today's travel landscape," said Fred Berardo, president and CEO of Central Holidays.

"The enhanced coverage is also another way our travel agent partners can help make their travelers more confident booking the trip of their dreams right now, when the deals are hot, even if their employment situation is uncertain. Purchasers of the plan needn’t do anything different to take advantage of the enhanced coverage. It's not an "add-on" that they need to pay extra for.  It is automatically included at the same price at which we've always offered the plan. Plus, since they are traveling with Central Holidays, they can rest assured that they will be exceptionally attended throughout their travels, as on all of our trips,” Berardo said.

Central Holiday's enhanced plan is valid on new bookings with the insurance premiums collected on or after May 1, 2009 and is available to travelers as an added bonus feature at current plan rates.  To qualify, the traveler must have been employed for a minimum of one year on a full-time basis at the time of booking.  Redemption of the new Travel Insurance Plan requires an official letter for proof of loss of employment by no cause of their own.  Some restrictions may apply.

Founded in 1972, Central Holidays offers superior travel programs, value and service to enchanting destinations throughout Italy, Spain, Portugal, France, Greece and Turkey, plus dozens of Mediterranean and European River Cruise itineraries and worldwide Ski programs!  For more information, contact Central Holidays at 1-800-935-5000 or visit their web site at www.centralholidays.com.


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