bolttech Insurance coverage, the Hong Kong unit of Singapore-based insurtech firm bolttech, has launched a brand new journey insurance coverage providing.
Referred to as MyTravel, the two-tier providing is offered solely via FWD’s on-line insurance coverage platform.
Beneath the MyTravel superior plan, clients are reimbursed as much as HK$25,000 ($3,197) for adjustments in journey dates or cancellations, capped at 50% of the general public transportation and lodging prices.
Along with cancellation protection, MyTravel provides compensation for missed occasions as a consequence of illness or accidents.
Prospects can obtain as much as HK$3,000 below the premium plan and HK$15,000 below the superior plan for such incidents.
The insurance coverage product covers a large age vary from 60 days to 80 years.
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All insured members are entitled to medical expense protection of as much as HK$1.5m, together with 24-hour international emergency help companies.
MyTravel additionally consists of emergency pet boarding protection and protection for private tech objects towards theft or theft.
At present, MyTravel is offered for buy by Hong Kong residents and for journeys originating from Hong Kong.
The product’s emergency help and claims companies are supported by Allianz Worldwide Companions (Hong Kong).
bolttech regional basic supervisor, Hong Kong & Taiwan Alister Musgrave mentioned: “With many people having thrilling journey plans forward, we’re delighted to provide our clients peace of thoughts with bolttech Insurance coverage’s MyTravel product, providing protection advantages for journey reimbursements and medical protection. Whether or not you might be travelling for leisure or enterprise, MyTravel is the right plan to guard towards the various dangers of journey.”
FWD Hong Kong and Macau chief advertising and digital officer Paul Tse mentioned: “At FWD, we’re dedicated to altering the way in which folks really feel about insurance coverage by constantly growing digitally enabled and customer-led insurance coverage services.
“MyTravel exemplifies our dedication to presenting an progressive product that caters to clients’ rising safety wants, and enhances the expertise of buying insurance coverage on-line.”
In November 2023, bolttech introduced a partnership with Xavier Niel’s NJJ telecom group to supply gadget insurance coverage for European telcos below the latter’s portfolio.
