Irish OTA Click & Go has reportedly been refused a month-long break on its travel operator’s insurance despite not having any customers in April.
The Dublin-based company faces paying €1,100 a day, the Sunday Times in Ireland reported.
Company co-founder and chief executive Paul Hackett asked to temporarily suspend cover for the month due to the global travel shutdown.
Click & Go has no customers travelling in April and less than 30% who booked to go away in March took their trips.
The insurance, which costs €400,000 a year, covers public liability and professional indemnity worldwide.
No claims have been made in the past 12 months, according to Hackett.
A one-month holiday on its insurance would have freed up €33,000 for the firm, which is relying on state support to pay its 63 staff.
But the firm’s insurance broker was told the supplier would not allow payment holidays or refund premium payments despite the circumstances.