Professional Liability Insurance Fund in the Tourism Services Industry
Natalya Aleksandrovna Savtsova1, Renata Romanovna Lenkovskaya2, Alla Andreevna Neznamova3

1Natalya Aleksandrovna Savtsova*, Russian State Social University (RSSU), Moscow, Russian Federation.
2Renata Romanovna Lenkovskaya, Russian State Social University (RSSU), Moscow, Russian Federation.
3Alla Andreevna Neznamova, Russian State Social University (RSSU), Moscow, Russian Federation.
Manuscript received on September 13, 2019. | Revised Manuscript received on October 15, 2019. | Manuscript published on October 30, 2019. | PP: 3322-3325 | Volume-9 Issue-1, October 2019 | Retrieval Number: A1485109119/2019©BEIESP | DOI: 10.35940/ijeat.A1485.109119
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Abstract: The article deals with the features of operation of professional liability insurance fund in the tourism services industry. The authors review the foreign countries’ practice and the Russian practice on travel insurance for tourists. Particular attention is paid to insurance activities of famous foreign assistance companies. The references to overseas experience for national insurance companies are made. Statistical data concerning the tourists travelling through Europe and their requests of insurance products. The authors point out that tourists’ low-level awareness characterizes the domestic travel insurance in Russia. The most significant provisions of amendments of the Law on the framework of tourism containing the new approach to respect for the tourists’ rights in overseas trip insurance are examined.
Keywords: Insurance market of foreign countries, Insurance protection, Interests of tourists, Professional liability insurance fund, Tourist.