Allianz Global Assistance Launches New Collection of Travel Insurance Plans

New YorkAllianz Global Assistance has launched a new portfolio of Allianz Travel Insurance core retail plans sold by travel agents. The company’s “Classic Plan” is now a collection of plans that include optional additional coverage. The company is also introducing an inexpensive “Essential Plan” for travelers who do not require post departure benefits such as medical and baggage protection.

The new core retail lineup includes the following plans:
•    Essential
•    Basic
•    Classic (base plan)
•    Classic with optional Required to Work enhancement
•    Classic with Trip+
•    Classic with Cancel Anytime

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The company’s “Classic” plans now includes a base plan as well as optional benefit enhancements such as Required to Work, which provides coverage for specific work obligations; and Trip+, which has double the coverage limits compared to the base plan, for benefits that include missed connections, emergency medical and dental, emergency medical transportation, baggage loss/damage and baggage delay. “Classic with Cancel Anytime,” provides 100 percent refund when trips are canceled or interrupted due to a covered reason, and 80 percent refund for other reasons. On all Classic plans, kids 17 and under can be added for free when traveling with parents or grandparents. The company’s former “Deluxe” product is now discontinued, but many of that product’s benefits can now be found in Classic with Trip Plus.

The new Essential Plan offers a cost-effective insurance option for agents who sell domestic air trips to their clients who already have domestic health insurance. It was designed for people who need some cancellation coverage and existing medical conditions coverage to protect their domestic air investments. As with all Allianz Travel Insurance products, the Essential Plan doesn’t have any non-commissionable processing fees, which means agents get credit for 100 percent of their customer’s purchase.

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