Entering August, the number of outbound travelers has risen significantly. According to the "2015 Summer Outbound Travel Trends" report released by UnionPay, Chinese tourists’ overseas trips are showing new characteristics such as large-scale travel and more rational consumption behavior. As the most economically developed continent in the world, North America has also become one of the regions most frequently visited by Chinese tourists. With the increase in the number of outbound travelers and the growing rationality in spending, travelers are paying more attention to travel protection.
It is reported that PICC is the only insurance company that has launched a specialized product specifically for North America travel routes. For consumers with clear destination plans, regional overseas travel insurance products offer more significant advantages.
The reporter logged onto the official website of PICC Property and Casualty (www.epicc.com.cn) and learned that this insurance covers people aged 1 to 70, including toddlers as young as 1 year old, making it widely accessible. In terms of coverage, besides enjoying efficient services provided by international SOS emergency rescue, it also includes 18 types of protection such as medical expense compensation, hotel cancellation, flight cancellation, and credit card fraud. Additionally, it has increased financial protection for rescue services, with the maximum compensation for emergency medical treatment and repatriation expenses reaching up to 1 million yuan.
"Our exclusive product also adopts a flexible combination method for customers to choose from. The North America travel insurance product launched by PICC allows options based on group tours, independent travel, etc., which is more flexible and user-friendly for consumers," introduced a relevant person in charge from PICC’s e-commerce channel.
It is worth mentioning that, specifically targeting consumption risks, credit card fraud protection has been added, with a maximum payout of up to 30,000 yuan; in addition, practical protections such as flight cancellation and hotel cancellation are provided for many consumers covering trip costs, with a maximum compensation of up to 20,000 yuan respectively.
"This new product is currently the best-selling overseas insurance product online. Nowadays, consumers’ awareness of insurance is getting stronger, which also requires us to get closer to our customers and understand them better. Only by meeting market and customer needs can our insurance truly become a loyal guardian for every consumer," the person in charge of the PICC website also introduced.