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School Travel and Educational Travel Organisers are required to have financial protection in place which complies with the UK’s Travel Regulations and more importantly provides confidence and comfort to their customers, parents and families.
Many School Travel and Educational Travel Organisers choose ABTOT for their financial protection as ABTOT operates a regulated financial protection bonding scheme.
ABTOT supports School Travel & Educational Organisers by providing:
- Robust financial protection: ABTOT is an approved govt body and was awarded an ATOL franchise in 2017 enabling it to cover flight and non-flight bookings for approved Members.
- Applicants can choose Travel Bonds backed by Insurance or ABTOT can organise Financial Failure Insurance for their non-flight bonding and
- Travel Bonding for their ATOL licence through the ABTOT ATOL Franchise scheme.
- Also, ABTOT offers 3 Merchant Acquiring Schemes, whereby Members enjoy beneficial acquiring rates and a streamlined application process.
- Professional arbitration services
- A code of conduct which refers to professional trading standards.
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It has been a very smooth onboarding especially when we had concerns about moving from one protection scheme to another. Everything was explained simply and support was given throughout. Everyone I have dealt with has a thorough knowledge of the ABTOT scheme and were able to help with any questions straight away. It has made something that could be quite difficult very straight forward and I wish I had done it sooner. I am looking forward to working with ABTOT long into the future with the benefit that membership will bring. Thank you for all your help and support throughout.
MartinEdventure Travel -
Until late 2023 we had no choice of bond provider or association due to our circumstances with STF (School Travel Forum) and our need for our LotC (Learning outside the Classroom) badge.This changed late last year, and we were able to talk to ABTOT about switching our allegiances.
From initial approaches through various persons within ABTOT, we moved to chatting about applying. There was a genuine interest in the company, something we had never seen with previous partners, and it seemed no time at all before we were in a position of waiting for our applications approval. The forms and help made the process easy and smooth, and we encountered no negative issues.
We feel extremely confident in ABTOT’s ability to help us grow and at the same time keeping within the pertaining rules and regulations and whilst it is too early to say all is fine, the signs are really good and we feel that we are at the beginning of a long and positive relationship with a caring and aware association.
For anyone in a similar position, I would have absolutely no hesitation in pointing them towards ABTOT as a knowledgeable and focused partner.
Rob TaitDirector GB Travel
FAQs
Does the School Travel Forum (STF) recognise ABTOT bonding for its members?Yes, STF do recognise ABTOT’s government approved financial protection scheme and professional services. STF changed their membership rules July 23 enabling its members to choose the most appropriate scheme for their operations.
What search terms are commonly used to find information about School Travel and Educational Travel Insolvency protection for their customers?- school travel organiser financial bond
- school travel organiser financial bond insurance
- education travel operator financial bond
- education travel company financial bond
What other insurances should a School Travel & Educational Travel Organiser consider for their business?Tour Operator Insurance is a dedicated business insurance policy for the Travel Sector and is highly recommended by Travel Lawyers as it provides insurance cover where travel businesses have a legal liability.
We ensure that all ABTOT Members have a current Tour Operator Insurance policy in place. To find out more about the policy click here
Cyber Insurance offers protection from Cyber risk and data breaches which could damage your business, your reputation and cause monetary loss. We are seeing more travel businesses who have had a cyber-attack, and it is a risk factor we have to consider when financial protecting our Members. To find out more about a Cyber Policy click here
- Robust financial protection: ABTOT is an approved govt body and was awarded an ATOL franchise in 2017 enabling it to cover flight and non-flight bookings for approved Members.
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Contact the ABTOT Team
Email the team Call the team on 0207 065 5313Request Call Back
