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What happens to travel when you lose your job?
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The year was 2001 and I had just booked a dream trip to Thailand for a milestone birthday. Oh, it was going to be spectacular -- cooking lessons and massage classes in Bangkok, elephant rides in Chang Mai....complete cultural immersion. And then came September 20...
Yep, that's right, September 20, 2001. Those of you who, like me, were in the travel industry at the time may well have gone through the same thing -- massive layoffs in the wake of September 11.While I was lucky enough to keep my job, panic definitely set in for the future of the company and the industry as a whole.
And then I remembered my trip.... How could I, in good conscience, jet off and spend thousands for an exotic vacation when I may not get a paycheck the following month? Now that same uncertainty is back for many of us. So, what can you do if you've booked a vacation and then get laid off? The L.A. Times has a great guide in case you're faced with the situation -- read up to make sure you're prepared.
Job-loss coverage is nothing new in travel, but in the last two months, more companies have jumped in. JetBlue Airways, Norwegian Cruise Line and at least two cruise sellers have announced layoff policies, and insurers are tweaking the rules. Typically, such policies return trip deposits if you get laid off.
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