Regional insurtech (insurance technology) Igloo will begin offering a travel insurance product, Travel Master with COVID-19, through the GCash app. Also in partnership with local underwriter Malayan Insurance, Travel Master with COVID-19, offers cover for personal accident, emergency medical care, hospital allowance, travel inconvenience compensation and COVID-19 protection .
“As more and more Filipinos become more comfortable with travel, our new travel insurance product in collaboration with our long-time partner GCash, will work as a key enabler to facilitate safe travel for Filipinos” , said Mario Berta, country manager for the Philippines at Igloo. . “Being an affordable yet comprehensive product, which addresses common travel risks including contracting COVID-19, it will give travelers the coverage they need so they can enjoy their trip with peace of mind. .”
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Underwritten by Malayan Insurance, travel insurance benefits include personal accident with emergency medical treatment for COVID-19 up to 2.5 million pesos, hospital allowance due to COVID-19 up to 4,000 pesos and travel inconvenience up to P50,000. It also has value-added features such as car rental protection up to P500,000 and sports activity extension up to P100,000.
Travel Master with COVID-19 is also supported by 24-hour global travel assistance in partnership with Assist America for insured medical needs.