AXA to offer Covid-19 insurance cover

SourceGulf Business
SectorTransport
CountryUnited Arab Emirates

AXA Gulf plans to include cover for Covid-19 under all its travel insurance policies. Also, the insurer will cover the expenses associated with the rescheduling of a return flight caused as a result of the virus. With additional flights and destinations opening up all the time, overseas travel is picking up. However, the threat of Covid-19 remains in many parts of the world, with almost six million active cases globally. With an average daily cost of an intensive care unit (ICU) in a developed country being as much as $5,000, business and leisure travellers might face crippling healthcare bills if they contract the virus while travelling. AXA will reimburse its travel insurance policyholders for an amount of up to $5,000 for irrecoverable travel costs. Should customers find themselves having to be placed...read more...