TravelSafe covers Pre-Departure Trip Cancellation or Post-Departure Trip Interruption due to financial insolvency (as defined in the policy) of an airline, cruise line or tour operator if:
1. the financial insolvency is not of the person, organization or firm from whom you directly purchased or paid for your trip
2. the financial insolvency occurs more than 14 days following your effective date for the Pre-Departure Trip Cancellation Benefits
3. your enrollment form and your premium payment is received (or, if mailed, is postmarked) within 21 days of the date your initial trip deposit is received.
4. you insure the full cost of your trip subject to penalties or restrictions.
Important: There is no coverage for any claim arising from either: 1) a financial insolvency which occurs before your effective date of coverage, or 2) a filing of a petition for bankruptcy which occurs before your effective date of coverage.