What is Tour Operator's Responsibility Insurance for corporate clients?
Tour Operator's Responsibility Insurance is a key corporate risk management tool for businesses operating in the tourism sector. It protects tour operators against financial losses that may arise from tourist services not being provided, including in cases of insolvency or bankruptcy.
This policy is mandatory for all tour operators licensed in the Republic of Bulgaria, providing legal and financial security in accordance with the requirements of the Tourism Act and the applicable ordinance governing this type of insurance.
This insurance is an essential part of a tour operator’s professional liability, protecting both the company and its customers against financial claims arising from tourist services that have not been provided.
Why choose Euroins for Tour Operator's Responsibility insurance for corporate clients?
- Comprehensive reinsurance program
- Long-term partnerships with tour operators
- Personalized approach in the event of an insured occurrence
- Competitive pricing
- 100% coverage of eligible expenses
What does Tour Operator's Responsibility Insurance cover for businesses?
Tour Operator's Responsibility Insurance ensures that customers are compensated for tourist services that have not been provided, while also strengthening the tour operator’s financial stability and customer trust.
With this insurance, tour operators can ensure financial security and peace of mind when managing tourist travel, while maintaining customer confidence by protecting against the financial risks associated with insolvency without compromising the quality of the services they offer.
Basic coverage
- We reimburse the costs incurred by tour operator customers for tourist services that were not provided due to the tour operator’s insolvency or bankruptcy.
Where is Tour Operator's Responsibility Insurance valid for corporate clients?
In the whole world.
Terms and Conditions of Tour Operator's Responsibility Insurance for corporate clients
For what period is Tour Operator's Responsibility Insurance taken out?
The insurance is taken out for a period of 1 year.
What is the sum insured under Tour Operator's Responsibility Insurance?
The sum insured is determined based on the turnover declared by the tour operator for the previous year and the limits specified in the Tourism Act.
Where can I take out Tour Operator's Responsibility Insurance for corporate clients?
You can take out Tour Operator's Responsibility Insurance at any Euroins office or through our partner insurance intermediaries.
Where can corporate clients pay for Tour Operator's Responsibility Insurance?
You can pay for Tour Operator's Responsibility Insurance for corporate clients, including any installment under the policy, at any Euroins office, through our partner network, by bank transfer, or online at www.euroins.bg.
Necessary documents for taking out insurance:
- Questionnaire
- List of insured persons - when insuring a group of persons
- Other documents - additional documents requested in connection with the issuance of a policy or an addendum to it (including licenses, a copy of registration coupons)
Frequently asked questions
Where can I buy insurance?
You can also buy insurance at any office of Euroins Insurance JSC, as well as through insurance intermediaries who have a valid contract with the company.
When does the insurance contract come into force?
In the case of motor CASCO insurance, the policy comes into effect after an inspection of the vehicle and installation of a GPS in cases where it is necessary.
Who requires the “Tour Operator’s Liability” insurance?
What is not covered by the “Tour Operator’s Liability” insurance?
- Services that are not included in the official contract with the client;
- Violations of legal requirements or actions outside the scope of licensed tourism activities;
- Financial losses caused by the client or a third party that are not related to the tour operator’s insolvency.
How can I pay the premium for a Tour Operator’s Liability Insurance policy?
- Online through the Euroins website or via the MyEuroins portal;
- In person at any branch office of Euroins Insurance Company AD;
- By bank transfer to the account specified in the policy.