Rejsegarantifonden

Rejsegarantifonden, often translated as the Travel Guarantee Fund, is a Danish fund established to protect consumers who have purchased travel packages. It operates under Danish law and is managed by the Danish Travel Guarantee Fund Board. The primary purpose of Rejsegarantifonden is to ensure that travelers are compensated if a travel agency or tour operator goes bankrupt or ceases to operate before fulfilling its contractual obligations. This protection typically covers pre-paid amounts for package tours.

The fund is financed through fees paid by travel agencies and tour operators that are registered with the fund. These contributions are mandatory for companies offering package travel within Denmark. Rejsegarantifonden acts as a safety net, providing financial security for consumers and contributing to a more stable travel industry. In the event of a company's insolvency, consumers can submit claims to the fund for reimbursement of payments made for their package tours. The fund's administration involves assessing claims and disbursing funds to eligible travelers, thereby upholding consumer confidence in the travel market.