Consolidated Hallmark Insurance (CHI) Plc has introduced launched a travel insurance plan christened CHI Plc Travel Insurance even as it has floated in additional digital premium payment channels.

This, according to the firm was put in place to ease the transaction process with its customers.

Presenting the products to the media in Lagos, CHI Executive Director, Mary Adeyanju, assured that they were introduced to ease transaction process and serve the company’s numerous customers better.

According to her, the Chi Travel Insurance Plan, was designed to address the needs of the company’s numerous clients and members of the public who, during trips outside the country, encounter several unforeseen losses of property and huge expenses in health bills.
‚ÄúIt is our desire therefore that our clients travel with their mind at rest by obtaining the CHI Travel Insurance plan,‚ÄĚ said Adeyanju.
According to her, features of the plan include expenses incurred due to trip cancellation is payable under the cover provided the plan also makes provision for compensation in respect of expenses incurred for delayed departure.

The policy also covers medical expenses and hospitalisation during the trip while abroad.
In the event of loss of luggage, the travel plan covers cost of replacement up to the pre-agreed amount covered by the policy. She also said policy holder can upgrade cover to include injury that may be sustained whilst engaging in winter sporting activities during the trip.
She further said the CHI travel insurance covers the Schengen and other European countries, Asian, African countries and America.
According to her, the company has entered into technical partnership for the sake of the cover having sealed International Underwriting partnership with MAPFRE Asistencia of Spain.
She further said the policy which has since been approved by the National Insurance Commission (NAICOM), will provide the required cover for travellers who go abroad for tourism, business trips or educational pursuit.