Job Loss Protection

 ( USA TODAY - May 28, 2009) -- There's no question the travel industry is hurting big time. As if enduring the most severe recession in generations weren't enough, the H1N1 crisis further dampened advance bookings. So the threat of rising unemployment is taken as much more than a threat by many travel executives.

Thus the emergence of a term you might not have encountered very much in the past: Job Loss Protection. It's why so many travel companies are reassuring you it's okay to book that vacation, even if you're worried about losing a steady paycheck, because your booking will be covered.

In some cases, you can purchase such protection as part of a travel insurance policy. In other cases, travel suppliers—including those that sail as well as fly—are pledging to offer assistance if you suddenly find yourself unemployed. read more »