Bolttech Insurance Launches Mytravel, a Novel “Cancel for any Reason” Travel Coverage in Collaboration with Fwd’s Online Insurance Platform
bolttech Insurance, the Hong Kong general insurance arm of international insurtech bolttech, has launched MyTravel, a comprehensive travel coverage plan for customers, their families, pets and belongings. The product is available exclusively through FWD’s online insurance platform, a direct-to-customer platform providing a faster and smoother insurance experience.
MyTravel distinguishes itself by covering customers for changes in travel dates or trip cancellations for any reason. This benefit is offered in the MyTravel Superior plan, providing reimbursement for up to HKD25,000, subject to a cap at 50% of the applicable public transportation and accommodation charges. Additionally, under MyTravel, customers will be reimbursed for the costs of a missed event, such as a concert, in cases where insured members experience sickness or accidents. This coverage extends up to HKD3,000 and HKD15,000 under the Premium and Superior plans respectively.
“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 traveling with MyTravel.”
MyTravel covers a broad range of age groups from 60 days to 80 years of age. All insured members can enjoy the same medical expenses limit of up to HKD1,500,000, along with access to 24-hour worldwide emergency assistance services. This ensures comprehensive protection for the entire family during vacations. MyTravel also includes special pet coverage, such as emergency pet boarding in the event of travel delay at HKD500 per day under the Premium and Superior plans.
MyTravel safeguards personal items such as mobile devices or laptops in the event of theft or robbery during travel. Any loss of sports equipment, including ski gear, is protected with the MyTravel Premium and Superior plans for up to HKD5,000 per item.
