What is the ruling of Islamic law regarding the annual insurance policy that compensates for the guarantee of 100,000 Saudi Riyals for tourism offices organizing Hajj and Umrah?

The insurance policy mandated by the Ministry of Hajj for tourism offices organizing Hajj and Umrah trips is permissible if it entails that only the amount corresponding to a violation of one of the legally recognized conditions or the office's failure to provide the service is taken from it, with the remaining amount returned to the office. However, if it is purely an insurance where the company takes an annual premium and pays for violations regardless of the premium's value, and does not return anything in the absence of a violation, then this is prohibited insurance.