Compareit4me.com, a UAE-based finance comparison group, has teamed up with Allianz Global Assistance to introduce travel insurance to our customers.

“The partnership offers various types of travel cover under three distinct brands. Customers can buy online at compareit4me.com and receive their policy instantly,” said Jonathan Rawling, CFO of compareit4me.com.

A recent survey found that as many as 80 per cent of travellers have experienced some sort of travel-related incident, with flight delays hitting the top spot, followed by illness and then by trip postponement (or cancellation),  a company statement said.

The survey also showed that theft was the top fear (52 percent), followed by concern about injury or accident (44 percent) and loss of luggage.

Despite this, a survey of UAE residents by YouGov found that 58 percent of residents don’t purchase travel insurance and a third say they only do occasionally.

“It seems that people do want the safety net of travel insurance, but don’t really know where to start. Most of us spend a long time saving for, planning and looking forward to our holidays and the last thing any of us wants is to be thinking about what would happen if the flight was cancelled or overbooked or indeed, if our luggage didn’t arrive at our destination or we were to have a medical emergency or loss of belongings while abroad,” said Rawling.

Worldwide, Allianz Global Assistance reacts to a travel insurance issue every two seconds, making them leaders in their industry and a brand that people trust. Whether it’s one-off single trip coverage for a specific destination, or to cover a specific activity (such as skiing), or a more comprehensive annual cover for the entire family, Allianz Global Assistance has options to suit every itinerary.

And with compareit4me.com’s easy-to-use finance comparison platform, it’s now easier than ever to find the right travel insurance policy to suit your travel plans, he said. – TradeArabia News Service