Kurzmeldungen (hib),Funktionalität des Deutschen Reiseversicherungsfonds

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Functionality of the German Travel Insurance Fund

The German Travel Insurance Fund (DRV) is a public fund established by the German government to provide financial protection to travelers in the event of insolvency of a travel operator. The DRV was established in 1994 and is headquartered in Berlin.

The DRV is funded by contributions from German tour operators and travel agents. The contributions are used to provide financial protection to travelers who have booked a trip with a German tour operator that has become insolvent. The DRV also provides financial protection to travelers who have booked a trip with a non-German tour operator that has become insolvent, provided that the traveler has purchased travel insurance from a German insurance company.

The DRV provides financial protection for the following types of travel expenses:

  • The cost of repatriation
  • The cost of accommodation
  • The cost of meals
  • The cost of medical expenses
  • The cost of lost luggage

The DRV does not provide financial protection for the following types of travel expenses:

  • The cost of lost income
  • The cost of lost vacation time
  • The cost of emotional distress

The DRV is a valuable resource for travelers who are planning to book a trip to Germany. The DRV provides travelers with peace of mind, knowing that they will be financially protected in the event of insolvency of a travel operator.

Here are some additional details about the DRV:

  • The DRV is a non-profit organization.
  • The DRV is governed by a board of directors that is composed of representatives from the German government, the travel industry, and consumer groups.
  • The DRV has a staff of approximately 50 employees.
  • The DRV has a budget of approximately €20 million per year.

The DRV is a vital part of the German travel industry. The DRV provides financial protection to travelers, which helps to ensure that the German travel industry is a safe and reliable place to do business.

Funktionalität des Deutschen Reiseversicherungsfonds

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