Financial Protection Guarantee
eHolidays Travel Company Limited, trading as eTenerife Holidays, is a member of the Travel Trust Association, membership number Q2383. (www.traveltrust.co.uk). You can verify our membership status by clicking this link.
Who are the Travel Trust Association?
The Travel Trust Association is a travel trade association. Their membership base consists of travel agents, tour operators and travel organisers.
The Travel Trust Association exists in order to provide you, the customer, with 100% financial protection and has been doing so for over 20 years. This means that every penny that you pay to eTenerife Holidays is protected by the Travel Trust Association.
What does it mean if a company is a member of the Travel Trust Association?
It means that you can book your holiday secure in the knowledge that Travel Trust Association will protect you in the unlikely event of a member becoming insolvent.
Should a member of the Travel Trust Association for any reason financially fail or cease trading, the Travel Trust Association will liaise with the suppliers and Tour Operators to ensure that you holiday goes ahead unaffected. If for any reason this is not possible, we will administer a claim for a refund of money that you have paid to a member for your holiday.
All members of the Travel Trust Association have to abide by the member Code of Conduct. This is to ensure that the customers receive the best possible service.
How does Travel Trust Association provide 100% financial protection for me?
Every Travel Trust Association member deposits your money into the Trust Account. A Trust Account is a bank account designated to hold the customer's money.
Your money remains in the Trust Account and is supervised by an appointed Trustee who is either a banker, chartered or certified accountant or a solicitor. Both the Travel Trust Association members AND the Trustee are required to authorise payments from the Trust Account.
In addition to being held in trust, your monies are also insured.
A Stand Alone Safe Seat Plan policy is an insurance policy which is issued on your behalf by the Travel Trust Association member. If your money is not in the Trust Account, the Stand Alone Safe Seat Plan policy will reimburse the loss of any amount paid to a Travel Trust Association member up to the value of £11,000 per passenger.
What is the difference between Travel Trust Association and ABTA?
ABTA ended its consumer promise in 2006. This means that not all of the travel arrangements that you book through an ABTA member are necessarily protected in case of the financial failure of the travel company.
You will need to ask the ABTA member how financially secure their travel arrangements are. If the arrangements are not automatically protected, the ABTA member may be able to offer suitable insurance to cover you.
If you book with a Travel Trust Association member your money is 100% financially protected.