Another Airline Folds. Why you need Trip Insurance now more than ever:

First it was Aloha Airlines, then ATA, then Skybus. American Airlines Cancelled 500 flights yesterday for maintenance.

In the course of five days, tens of thousands of passengers are left stranded, unable to get home. The others have just discovered their vacations are never going to happen.

On the Skybus Web site yesterday was a brief announcement saying the airline had ceased operations because of rising jet-fuel costs and a slowing economic environment. The note said people with reservations should contact their credit-card companies for refunds. Passengers who paid cash are just plain out of luck. One scuttled Skybus passenger said he had been quoted $2,000 for a last-minute ticket home to Ohio.

This is when you can be glad you had the foresight to purchase trip insurance.

However, as with all policies, it is important to read the fine print. Skybus insurance policies covered things such as the illness of a traveler, inclement weather, and in policies sold after March 5, airline-caused delays and cancellations. But Skybus did not include “default" — going out of business — as one of the circumstances covered by the insurance.This is why it is also important to make sure you purchase your trip insurance from a reputable insurance company focused on getting you the most comprehensive coverage available. The kind of customer service and coverage that you will not find from an airline, cruise line, or travel agent.

At Insurance Services of America, we have trip insurance and travel medical insurance that will cover you weather your destination is Istanbul or Idaho, and everything in between. If your luggage gets lost, or you miss your connection, or if your trip gets cancelled for whatever reason, including airline default or bankruptcy, we've got you covered.

Call one of our friendly knowledgeable agents today at 800-647-4589 to find out more about this very affordable coverage. Wherever you go, we'll get you home.