I'm looking to buy travel insurance, mainly for the purpose of if the airline goes bankrupt. For information purposes, I'm looking to buy a ticket with British Airways at the end of the year mostly because they currently have a flexible option meaning I could change my ticket in the future for no cost.
I'm just concerned that a large number of airlines file for bankruptcy between now and then and I don't know anything about the risk of British Airways.
I don't have a credit card, it could be an option if it's cheaper than travel insurance. Maybe my mom could use her credit card and I give her the money.
Since I will be staying with my mom I won't have any risk of accommodation being paid for and I already have health insurance abroad so I'm hoping that it could mean cheaper insurance since I only need for bankruptcy.
I'm a permanent resident of Germany.