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bolttech Insurance coverage, the Hong Kong unit of Singapore-based insurtech firm bolttech, has launched a brand new journey insurance coverage providing.
Known as MyTravel, the two-tier providing is obtainable solely by way of FWD’s on-line insurance coverage platform.
Beneath the MyTravel superior plan, prospects 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 affords compensation for missed occasions attributable to illness or accidents.
Clients can obtain as much as HK$3,000 underneath the premium plan and HK$15,000 underneath 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 providers.
MyTravel additionally contains emergency pet boarding protection and protection for private tech objects in opposition to theft or theft.
Presently, MyTravel is obtainable for buy by Hong Kong residents and for journeys originating from Hong Kong.
The product’s emergency help and claims providers are supported by Allianz Worldwide Companions (Hong Kong).
bolttech regional common supervisor, Hong Kong & Taiwan Alister Musgrave mentioned: “With many people having thrilling journey plans forward, we’re delighted to present our prospects 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 in opposition to 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 best way folks really feel about insurance coverage by constantly growing digitally enabled and customer-led insurance coverage services.
“MyTravel exemplifies our dedication to presenting an revolutionary product that caters to prospects’ 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 provide gadget insurance coverage for European telcos underneath the latter’s portfolio.
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