Speaking to Australian newspaper The Weekend Australian, Cover-More’s Chief Executive Cara Morton divulged that the insurer is planning to release new travel insurance products for when borders begin to open up again: “People will start travelling again, so we just have to ride the wave. At the moment, travel is down, and we have this pause, but let's not waste time. Rather than counting the days until travel starts again, we need to make the days count.”
As such, Morton explains that Cover-More is now working with its underwriters, among them Zurich Insurance (its parent company), to develop Covid-19-related global travel products. One of these is a leisure travel assistance app – due to launch next quarter, says Morton – which provides travellers with information to help them make informed decisions during their trip, as well as a 24/7 emergency assistance button.
“We want to give the traveller more information, so they make better decisions,” said Morton.
Back in December, Cover-More boosted its Covid-19 travel cover to include trip cancellation and quarantine accommodation costs.