An ATOL license is a government scheme that provides the financial protection for the tour operators. A tour operator is a company that assembles its own holiday into a package or all inclusive that mainly includes accommodation, transportation and transfers. If a tour operator goes bust, the ATOL financial protection managed by CAA (Civil Aviation Authority), keeps your money safe and you will be fully refunded. An alternative to ATOL is a financial protection offered by ABTA or TTA. The principle is the same, you need to assemble a holiday that includes accommodation and transportation in order to qualify. Businesses that act as yacht charter brokers who handle the boat arrangements are not a part of ATOL, ABTA or any tourism industry associations. These businesses work in the maritime industry and are affiliated with the organisations such as the British Marine Federation, The Mediterranean Yachting Association, The Charter Broker Association. These are trade bodies that represent the maritime industry and ask their members to adhere to the highest levels of professionalism and standard.