Travel
Travelex launches new travel insurance plans
North America-based travel insurance provider Travelex has rolled out a new suite of retail travel insurance plans, offering a range of coverage options with rate-based pricing and customisation features.
The new line-up from Travelex includes the Ultimate plan, which is a customisable option.
For those who are budget-conscious, the Advantage plan offers broad coverage.
Travel Med Go caters to last-minute travellers requiring post-departure trip coverage.
Additionally, Travelex’s new line-up includes the Updated Flight Insure and Updated Flight Insure Plus options, which offer flight accident protection with post-departure benefits.
These plans come with baggage delay, emergency medical expense and emergency evacuation benefits.
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They feature pre-existing condition look-back periods that do not consider non-travelling family members with up to nine optional upgrades.
These upgrades include coverage for adventure activities, extra emergency medical expense benefits, increased baggage coverage, pet care, rental car damage and trip cancellation.
Travelex Insurance CEO Will Nihan said: “As travel continues to evolve, we are committed to delivering products that meet the changing needs of the market.”
“Whether taking off on a family vacation, business trip, short getaway or solo adventure, our travel insurance is designed for every traveller and every trip. All plans include 24/7 global support, and our Ultimate plan offers great benefits for families, such as kids-included pricing.”
Travelex Insurance business development vice-president Emily Rohrig said: “We proudly partnered with our underwriter, Zurich American Insurance Company, to embrace a “One Zurich” approach to seamlessly integrate expertise throughout the development process.
“Achieving a fully underwritten, serviced and administered approach to product development is a significant milestone, and we are excited about the opportunities it creates for the future.”
The company is part of Cover-More Group, a global provider of travel insurance, assistance and travel risk management, which has been part of the Zurich Group since 2017.