What does it mean when insurance pays tourism service quality deposit?

The tourism service quality deposit refers to a certain amount deposited by the travel agency in a designated bank or provided by a bank guarantee in accordance with the provisions of the "Travel Law of the People's Republic of China" and the "Travel Agency Regulations". Funds used to provide compensation for tourism service quality and advance emergency assistance expenses when the personal safety of group tourists is in danger. There are only two payment methods: deposit and bank guarantee. The role of the guarantee deposit is to supervise and manage the service quality of the travel agency, protect the legitimate rights and interests of tourists, and ensure that the travel agency operates in a standardized manner. When the travel agency refuses or is unable to bear the liability for compensation, this amount can be used to compensate the travel agency. be compensated. Using insurance instead of cash or bank guarantee to pay the tourism service quality guarantee deposit is to replace the guarantee deposit by paying insurance fees, but the role and effectiveness of the guarantee deposit remain unchanged.

The quality deposit is a special amount used to protect the rights and interests of tourists. When the following four situations occur, the travel agency is not liable for compensation, and this clause will be used to compensate tourists: the travel agency's own fault does not meet the service quality standards stipulated in the contract, causing economic losses to tourists; the travel agency's services do not meet national or industry regulations Loss of economic rights and interests of tourists due to the standards; loss of prepaid travel fees caused by travel agencies due to closure, dissolution, bankruptcy or merger; other circumstances determined by the tourism administration department of the State Council.

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