Corporate Updates, October 30, 2020

Zurich launches first-in-market "Green LifeStyle Local Tour" Group Personal Accident Insurance Plan as locals turn to domestic travel amid novel coronavirus

Hong Kong, October 30, 2020 – Hong Kong is home to numerous natural attractions, including country parks, geological sites, islands, beaches and many more; the MacLehose Trail was even named one of the world’s best 20 “Dream Trails” by National Geographic Magazine in 2016, allowing locals to explore stunning hidden gems without stepping foot outside the city. In view of the ongoing outbreak of the novel coronavirus, the government has been championing the Green Lifestyle Local Tour Incentive Scheme to encourage the public to discover the city’s natural landscapes, to promote nature conservation and to support the tourism industry. Amid the new normal, a balance must be struck between livelihood activities and disease prevention measures, such as the public joining local tour groups on the premise that relevant hygienic measures are strictly followed. Zurich Insurance (Hong Kong) (“Zurich”) has announced the launch of its first-in-market “Green LifeStyle Local Tour” Group Personal Accident Insurance Plan (“Insurance Plan”), providing individuals who are group tour participants of a green lifestyle local tour or any licensed local tour, the appropriate protection against accidental medical expenses, including hospitalization expenses if unfortunately diagnosed with COVID-19, among other benefits.

The Insurance Plan is the first group insurance plan in Hong Kong specifically designed for local travel under the pandemic1, providing HKD100,000 accidental death, up to HKD100,000 disablement and up to HKD5,000 accidental medical expenses in its list of benefits2. And in response to the current situation, the insured is also entitled to hospitalization expenses under the medical coverage if he/she is proven to have contracted COVID-19 during the insured trip.

Mr. Eric Hui, Chief Executive Officer, Zurich Insurance (Hong Kong), said, “Local tour is a silver lining for the tourism community. Hong Kong is extremely rich in natural resources, and vigorous efforts by the government and the industry will help boost the popularity of local green tourism, ecotourism and various types of tours amid the new normal. Zurich has always been committed to listening to the needs of Hong Kong residents, and offering solutions that best befit their protection needs. As a market leader in travel and insurance, we have introduced a product with timely protection to ensure the peace of mind of customers who are interested in exploring local attractions as a group. Although we cannot ascertain when the pandemic will end, Zurich is standing by Hong Kong and the city’s people through this challenging period by safeguarding their health and in the fight against COVID-19.”

1 The “Green LifeStyle Local Tour” Group Personal Accident Insurance Plan must be purchased by travel agencies (not available for individual sale).
2 Age limit is between 6 weeks to 85 years of age. The aggregate limit of each accident is HKD5,000,000.

 

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