CHI unveils travel insurance

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Image result for CHIConsolidated Hallmark Insurance (CHI) Plc has introduced an insurance scheme for travellers.

Known as Travel Insurance Plan, it is aimed at addressing the needs of the insuring public who, during foreign trips, lose property and incur  health bills.

CHI’s Executive Director, Operations, Mrs Mary Adeyanju made this known during the briefing on new Travel Insurance Policy and Digital Payment Channels in Lagos.

She said the ease of transactions has been easy for their clients through several payment channels, adding that the policy’s rate is N3,800 based on duration of the trip and destination of the policy holder.

She said expenses incurred from trip cancellations are paid under the cover and that the plan also makes provision for delayed departure, as well as covering medical expenses.

Mrs. Adeyanju said in the event  of loss of luggage, the plan covers cost of replacement up to the pre-agreed amount, adding that the policy holder could upgrade the cover to include injury that may be sustained in winter sporting.

Speaking on the geographical coverage, she said the policy covers the Schengen and other European countries; as well as Asian, African and America countries, adding that the company  has an international underwriting partnership with MAPFRE Asistencia of Spain.

She added that the company also recently introduced additional premium payment channels to ease the transactions.

She said: “Clients of the company, who effected payment of their renewal premiums with written cheques and direct bank deposits and transfers are taking advantage of the recently-introduced channels.

“The digital channels include Quickteller, Paydirect, partnership with GTbank Internet banking and the payment enabled company website – Clients of the company, in utilising these channels, now have fast and convenient access to the payment portals, saving valuable time in the process”, she noted.

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