What does VZR Garant cost?
An affordable guarantee fund for both established organisations and new businesses. Making sure that your travellers are protected in the unfortunate event of insolvency will cost (exclusive of VAT):
| Joining fee: | € 400 (one-off fee) |
| Membership fee: | € 50 (annual fee) |
| Annual contribution: | 0.15% of the risk-bearing revenue* |
| Traveller premium: | 0.36% of the risk-bearing revenue* |
Tip: most members charge these costs on to the customer. No additional costs. You don’t need to factor in costs for things like audit certificates. And bank guarantees are rarely needed. Giving you less to worry about.
Sample calculations: what does VZR Garant cost?
*In addition to the € 50 annual membership fee, each year you also pay a variable contribution and a traveller premium.
These amounts are based on the risk-bearing revenue and are as follows:
Annual contribution: 0.15% with a minimum of € 325 per year
Traveller premium: 0.36% with a minimum of € 180 per year
Sample calculation 1
Number of travellers per year
250
Average booking amount per traveller
€ 500
Risk-bearing revenue
€ 125.000
Annual contribution
minimum contribution of € 325
Traveller premium
0,36% x € 125.000,- = € 450
Sample calculation 2
Number of travellers per year
500
Average booking amount per traveller
€ 1.000
Risk-bearing revenue
€ 500.000
Annual contribution
0,15% x € 500.000 = € 750
Traveller premium
0,36% x € 500.000 = € 1.800
Sample calculation 3
Number of travellers per year
1000
Average booking amount per traveller
€ 1.500
Risk-bearing revenue
€ 1.500.000
Annual contribution
0,15% x € 1.500.000 = € 2.250
Traveller premium
0,36% x € 1.500.000 = € 5.400
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Our guarantee fund covers
Travel and holidays
We are here to serve organisations providing holidays, business trips, coach tours, accommodation, etc.
Chartered/non-chartered sailing
Our members include providers of sailing trips, sailing camps, inland boating, sea cruising, etc.
Outdoor sports
We also serve organisations providing activities such as walking, survival activities and sports.
Your activity?
If your particular segment is not included in the above list, contact us to discuss your needs.
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Looking for a guarantee scheme with an escrow account?
This popular guarantee scheme has 200 members representing a range of sectors.
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