Royal Sundaram launches overseas travel insurance policy

Travel Secure is designed to make travel insurance highly customisable, convenient and comprehensive for diverse customer segments – leisure travellers, business travellers, senior citizens and students.

Travel Secure has several options of sum insured, levels of coverage to suit different age groups for travel days starting from 1 to 180 days.

Commenting on the launch, M.S. Sreedhar, Managing Director, Royal Sundaram General Insurance Co. Limited said, “Travel is the buzzword and the number of Indians travelling abroad is growing at 20% annually and on an average two crore Indians are going abroad each year for leisure or business. Based on market research and valuable feedback from our customers and business partners we have tailor-made a product for different segments of travellers. Travel Secure therefore aims to deliver a hassle-free, crisp experience for our customers during their travel.”

Nikhil Apte, Chief Product Officer, Product Factory said, “Any overseas travel always comes with a feeling of excitement to explore new destinations, cultures, food, people etc. However, it also comes with a slew of worries like unexpected medical expenses or hospitalisation, instances of loss or damage of baggage, hijacking, delay or curtailment of trip due to medical exigencies etc. With Travel Secure we have made the entire customer experience of buying travel insurance seamless and user-friendly through digital engagement. The policy can be bought online in five minutes and can be carried on your smart phone.”