The policy will cover clients who need to cancel a trip if they are hospitalised because of Covid-19 or if they do travel and catch the virus while on their trip. The optional insurance includes cancellation cover of up to £1,500 per insured person if they are hospitalised up to 28 days before their trip. While travelling, the holder is covered for medical, repatriation and funeral expenses if they catch Covid-19.
Depending upon where the client resides, the cover is underwritten by Lloyd’s or Lloyd’s Insurance Company SA (Lloyd’s Brussels) to give security to clients, and is sold and administered by Status Global Insurance who are fully regulated in the UK and Cyprus and are Coverholders at Lloyd’s and Lloyd’s Brussels.
Paul O’Sullivan, Director at Status Global Insurance, commented: “We are delighted to be one of the first companies to offer cancellation and medical cover in respect of Covid-19 to our affiliate network and clients based throughout Europe. The world is trying to open up again and Europesure is striving to be at the forefront of innovative solutions giving additional cover and security to those who want to start travelling again. We welcome enquiries from any brokers or introducers who have clients in Europe and who want to be able to offer this product to their clients.”