Mr. Tan Keat Jin, Head of Consumer Banking, CIMB Thai Bank PCL, said, "Currently most of travel insurance hardly provide medical expenses. Many travelers need to reserve their own money and process insurance claims later when they are sick or have had an accident abroad. However, travel insurance from Sompo Insurance provide exclusivity for Thais as they can reimburse for medical expenses without paying in advance while traveling to Japan. Moreover, there are staffs to standby on-site for providing services and assistance 24 hours a day in Japan. We would like to promote our new product collaboration with Sompo, 'CIMB Thai Travel Care'.
Mr. Chikayoshi Kono, Deputy Chief Executive Officer, Sompo Insurance (Thailand) added, "The most common obstacle patients face in communicating with doctors abroad is language barrier. As Sompo Insurance is an expert in many types of insurance, especially travel insurance for Japan. We can ensure that traveling in Japan will be more convenient and easier for Thai people. If an unexpected event occurs, customers can contact 'Sompo Assist' at (+66) 02-205-7775 for assistance and to receive protection without having to pay in advance, including the telephone bills as well. CIMB Thai also provides protection at your fingertips by involves purchasing travel insurance through a mobile application. After customers purchase the insurance through the application, the policy will be sent via email within 5 minutes, which is a great convenience".
CIMB Thai Travel Care has an initial insurance premium at 200 baht and a maximum amount up to 5 million baht, with coverage divided into 4 main categories: 1. Life protection and medical expenses (covering COVID-19), 2. Flight protection 3. Luggage and property loss or damage protection 4. Emergency assistance services while traveling in Japan. The insured's qualifications are must being age of 1-75 years, residing in Thailand and must depart the journey from Thailand only. An annual insurance plans service is available people aged 15-65 who traveling for a maximum of 90 days at a time, with no limit on the number of trips per year. The insured also must not have any disabilities, and not have the intention of traveling to receive any medical treatment.
To allow customers to travel with more peace of mind, CIMB Thai Travel Care has a special promotion to reduce premiums up to 16% starting from today - 30 September 2023. Customers can easily plan a trip abroad by purchasing up to 6 months in advance. Those interested are able to purchase the travel insurance via CIMB Thai Digital Banking Application.
Source: Spark Communications
