Worried about losing or damaging your valuables on your next overseas trip? The KoverNow app has you covered!

Travel is added to popular mobile phone insurance app

A trip overseas can quickly turn from an
opportunity to a disaster, not only due to flight interruptions or medical
needs but if the traveller loses or damages their valuable belongings like a laptop,
camera or watch. To go overseas with peace of mind, travel insurance may not
provide sufficient cover for more valuable items due to its low limits. That´s
why KoverNow now offers a combination of both travel insurance and dedicated
items insurance in just one app.

KoverNow is well known for providing items
insurance to protect against theft, loss and damage. With the addition of the
travel insurance option, customers will not only be covered for incidents such
as flight delays, medical treatment or the loss of their passport, but if they
plan to travel with higher value items, such as luxury watches, jewellery or
designer handbags, they can simply use the item insurance module to purchase
cover. Because of the flexible policy term of 30 days for items cover, customers
do not need to commit to a long-term contract to get their valuables covered
for a single trip.

Purchasing travel and items insurance using
KoverNow is easy. After downloading the app, all the customer needs to do is to
click on the travel tab adding the travelling dates and destination. This takes
less than a minute and can be done just before leaving home.

Adding cover for valuables is also easy. After
the customer has added the valuables to the KoverNow vault, they need only switch
on coverage for the items they want to travel with, accept the quote and it´s
done. After the trip, the customer can either switch coverage for the items off,
or – if coverage is also needed at home because most home insurance policies carry
a cap for high value items – leave it as it is, and coverage will be automatically
renewed every 30 days. At renewal KoverNow checks if the value of the items has
changed. This ensures that the customer is never over- or underinsured.

Another distinctive feature of the KoverNow
app is its integrated Singpass capabilities. Once the customer’s personal
details have been securely ported from Singpass during sign-up, they do not
need to be re-entered, which reinforces data accuracy and enhances convenience.

Underwritten by renowned insurer, QBE
Singapore, the KoverNow travel and items insurance app provides peace of mind
to travellers, whatever their destination. And if they are travelling with
family, these family members can be included in the travel cover easily.

“We always intended to provide a variety of
insurance policy types through the easy-to-use KoverNow app, and this new
addition makes it ideal for travellers,” said Stephan Kaiser, CEO at KoverNow. “They
can even secure cover quickly in the app as they make their way to the airport
without the need for time-consuming paperwork or third parties being involved.
Why take the risk when securing travel insurance is so easy to get?”

Users who download or update the KoverNow app,
can learn more about the available insurance policies. 

KoverNow is headquartered in Singapore, centred within its core markets in Asia Pacific. The company’s digitally enabled insurance platform dramatically improves the customer journey for purchasing and managing different types of personal insurance by streamlining processes and speeding up renewals, approvals and claims. The KoverNow platform can achieve these efficiency gains whilst providing transparency, speed and value to existing ecosystems, channel partners and policy holders. KoverNow’s insurance platform provides features and functionality that reflect changing consumer behaviours, such as greater control, flexibility and convenience in a truly mobile format. https://kovernow.com/

Julie Kirby
Ascendant Communications
jk****@as*********.net or co***@ko******.com

This Press Release has also been published on VRITIMES