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<p>The Air Travel Trust Fund (ATT) is the primary source of funding when an ATOL holder
fails. The ATT has in place insurance policies that provide the Trust with access
to funds in the event of ATOL holder failure(s), where costs arising from refunds
and repatriation exceed either £150 million, £70 million or £10 million in a policy
year, depending on the size of the failed ATOL holder(s).</p><p> </p><p>The specific
terms of the policies are confidential between the ATT and its insurers.</p>
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