Well after reading a lot on this
Joh and I will sign up today for this insurance I think. The chances of Mileage Plus vanishing completely is virtually nil, but then again, the premium cost is pretty small - under $100 each it seems. And gives some small peace of mind.
We both lost a pile of miles AND booked award tickets when Ansett crashed, so once bitten, twice shy.
Needing to move 230,000 United out into Hilton last night 3 minutes before they pulled the transfer plug has got me jittery, and I still have north of 500,000 left in UA.
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Randy Petersen
Thanks for asking that question. We have probably failed to clear that up and honestly, it's more just getting the information worded correctly than trying to change things. Our intent is to extend our "business interruption" insurance on our business as a benefit to those customers we try and help get more out of their frequent flyer programs.
It's actually PER YEAR. </font>
I agree the terms on the website are not clear at all about whether it is $7500 of air travel covered per year you remain paid up in the plan, or $7500 one time only. Randy clearly says it is per YEAR that is covered, and that is good enough for me.
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[This message has been edited by ozstamps (edited 03-21-2003).]