CHI Travel Insurance now offers insolvency cover

Travel insurance provider, CHI Travel Insurance, today announced it has added travel service provider insolvency to its already comprehensive travel insurance offer for travelling Australians.

Amanda Belcastro, Sales Manager for CHI Travel Insurance, said the addition of insolvency protection had come at the right time for travel agents and our customers.

“In today’s climate of widespread economic uncertainty across the globe, many travellers are understandably concerned about the possibility of service provider insolvency – particularly airline collapse.

“For example, over the past few years, tough economic conditions have claimed a number of international airline carriers.

“This extra level of protection will provide peace of mind for our customers and take some of the stress out of travelling overseas in the current climate,” she said.

Ms Belcastro said the new product is available now and is easily accessible online as well as in printed form.
“The supplementary PDS will also be integrated into the policy printout making it readily available to agents and their customers.”

Ian Norris, CEO of travel insurance and emergency medical assistance provider, Allianz Global Assistance, said he welcomes the addition of travel service provider insolvency coverage.

“It is great news for CHI customers and this announcement is timely in the current economic environment,” he said.

All other cover remains the same.

CHI is one of Australia’s longest running travel insurance brands with sales representatives servicing all states and territories. To discover the many benefits of CHI Travel insurance, call 1800 997 810 or 02 9997 4810.

CHI Travel Insurance Pty Ltd is an authorised representative of AGA Assistance Australia Pty Ltd, trading as Allianz Global Assistance which issues and manages travel insurance for the insurer Allianz Australia Insurance Limited. Before making a decision please refer to the PDS available from CHI Travel Insurance.

Source = CHI Travel Insurance
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