<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by TravelScholar:
Sorry to bring this up again, but would someone please just tell me which it is:
1) $7500 per program per year (meaning if airline x goes under, then you get a new $7500 each year to use on airline x)
2) $7500 per program, period (meaning if airline x goes under, then you get $7500 to spend and no more than that, whether you spend it in one year or spread over several years)</font>
I take all the above to mean (2) with the proviso that only one of the programs you "insure" went bust in each year. If two went bust in the same year that $7,500 lifetime amount covers both programs.