Fortunately Spanair program was very useful for me, because Bilbao is mainly a *A airport, very well covered by LH.

I think we all assume we lost our miles, what I never knew is how fast allliances forget about dead airlines and their customers, forgetting maybe we choosed that particular alliance for a reason.

mad_atta is right, miles are a risky currency.

Have a travel insurance I'll check out. Thanks WLGNZ!