25 Jun, 07:45··

Travel Insurance Fund Relieves Millions for Trips

FAZ

The travel insurance fund protects people booking holidays. Holiday companies think it costs too much money. The government is now paying less to the fund.

The German government is changing how much money travel organizers pay into the travel insurance fund. This change will start in November. The travel industry wants even more changes. This affects how much money travel companies have to pay. The Justice Ministry is involved in these changes.

Summarized from the sources above. Read the originals for the full story.

Highlights

Fund Protects Holiday Bookers

A travel insurance fund helps people who book package holidays.

Industry Finds Fund Costly

Holiday companies said the fund was too expensive.

Payments Will Be Lowered

The government will now pay less to the fund.

Change Takes Effect in November

The new payments will start in November.

Industry Wants More Action

The travel industry wants the government to act further.

travelfinanceinsurancetourism