bolttech Insurance Debuts ‘Cancel for Any Reason’ Travel Coverageby Fintech News Hong Kong February 7, 2024
bolttech Insurance, the Hong Kong arm of the international insurtech group, has announced the launch of MyTravel, a new travel insurance product. This plan is exclusively available via the online insurance platform of FWD, aiming to provide a streamlined process for insurance procurement.
The company states that MyTravel is unique in its provision for changes in travel plans, offering compensation for trip cancellations under any conditions.
Specifically, the MyTravel Superior plan provides reimbursements up to HK$25,000 subject to limitations of 50 percent of related public transportation and lodging costs. The plan claims to cover costs associated with missed significant events due to illness or accidents, with reimbursement caps varying between the Premium and Superior plans.
According to the bolttech, MyTravel offers coverage for individuals from 60 days up to 80 years old, featuring a uniform medical expenses cap of HK$1.5 million and access to 24-hour global emergency assistance.
With many of us having exciting travel plans ahead, we are delighted to give our customers peace of mind with bolttech Insurance’s MyTravel product, offering coverage benefits for travel reimbursements and medical coverage. Whether you are travelling for leisure or business, MyTravel is the perfect plan to protect against the many risks of travel”.
said Alister Musgrave, Regional General Manager, Hong Kong & Taiwan, bolttech.
Paul Tse, Chief Marketing and Digital Officer, FWD Hong Kong and Macau, said,
“At FWD, we’re committed to changing the way people feel about insurance by consistently developing digitally-enabled and customer-led insurance products and services. MyTravel exemplifies our commitment to presenting an innovative product that caters to customers’ growing protection needs, and enhances the experience of purchasing insurance online. We look forward to supporting more people to celebrate living by travelling with MyTravel.”
Featured image credit: Edited from Freepik