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TUI to offer free coronavirus insurance to lure travellers - report

Logo of Germany-based travel company TUI

FRANKFURT (Reuters) - Travel company TUI <TUIT.L> <TUIGn.DE> will offer travellers free coronavirus insurance starting this weekend, a German media group reported on Friday.

The head of TUI in Germany, Marek Andryszak, told the newspapers of the Funke Mediengruppe that TUI was collaborating with Axa <AXAF.PA>.

The insurance will assume costs if travellers are forced to remain in the vacation spot beyond the holiday because they contracted COVID-19 or are in quarantine, he said.

(Reporting by Tom Sims; Editing by Alexandra Hudson)