Airline Failure Insurance (SQA)

Airline Failure Insurance (SQA) is a market requirement that will give added value to related companies and the services they provide to their customers. 


The object of the SQA cover in each of its different modes is to cover:-

Insolvencia before departure

Reimburse the client the cost of the ticket up to the maximum insured. The normal limit is 2,000€ – 3,000€.

Insolvencia after departure

Payment of the expenses incurred by the passenger to return to point of origin or continue with the trip.

Financial Security 

This coverage is backed by the Lloyd’s of London market, which gives strength and security safety to each one of their operations, coupled with a comprehensive panel of reinsurance entities, whose net worth as a whole exceeds the 100,000 million Euros.

Airline Failure Insurance (SQA)

AYAX has created a specific portal where you can find more information of each of the products, as well as some of our clients that distribute coverage within travel insurance policies.


We have different product models:

SQA Corporate

This model consists of a single insurance policy, whose object is to protect the travel agency or tour operator of the insolvency of schedules airlines.  Package holidays remain covered. Our clients can offer it as a guarantee or as an additional service of premium coverage that is assumed by the current margins of the company or serves to create a new source of income.

This product generates confidence and peace of mind both to the purchaser of the trip and the agency, as well as obtain a significant advantage over the competition.

SQA Travel

This model is included as an additional coverage to existing policies of the insurer: travel insurance, health, home,… The end customer is the insured, policy holder and beneficiary of the policy.

This coverage improves existing products of our clients and its inclusion allows them to differentiate against the competition.

SQA Aerolínea

This product consists of a single insurance policy, which aims to protect the airline from the responsibilities arising from its bankruptcy and therefore to the benefit of its passengers.

Our clients can offer a guarantee or as an additional service of premium coverage that may be acceptable within the current margins of the company.