Tune Insurance offers comprehensive coverage for personal, travel accidents
THE NATION March 7, 2015 1:00 am
TUNE Insurance Public Co Ltd (TIPCL), in cooperation with AirAsia, has launched "Motion Insurance: You Move, We Protect" - a two-in-one scheme that provides comprehensive protection covering personal accident and travel insurance for all types of vehicles and all types of collision.
This is the first time insurance of this sort is being offered in Thailand.
Tony Fernandes, AirAsia Group's chief executive and director of Tune Ins Holdings (the insurance firm's head office in Malaysia), said Tune Ins was a non-life insurance provider that had been operating in 17 Asia-Pacific markets and 33 markets across the globe for more than a decade.
"With our state-of-the-art organisational structure, operations, and business model, I'm confident that TIPCL's addition to the Thai market will not only make a striking change in the traditional insurance market, but will also answer the needs of Thai customers.
"I'm confident that Tune Insurance will become a leading non-life insurance company which can win the hearts of the people in Thailand," Fernandes said.
TIPCL CEO Tom Kruesopon said: "A large number of customers are aware of Tune Insurance's products and services, which is sold using unique methods, such as via the Boonterm Kiosk as well as via Tune Insurance official website. It also focuses on a more reliable and quicker payment system compared to other insurance companies."
The "Motion Insurance: You Move, We Protect" scheme offers three packages:
l Motion, which costs Bt5,900, and offers protection worth up to Bt1 million, plus one free domestic ticket on Thai AirAsia;
l Motion Plus, which costs Bt9,900, offers protection of up to Bt1.25 million, plus one free international ticket on Thai AirAsia;
l Motion Ultimate, which costs Bt17,900 and offers protection of up to Bt3 million, plus one ticket on AirAsia X to South Korea or Japan.
All three packages provide both personal accident and travel insurance no matter where you are in the world.
"These packages absolutely respond to customers' needs and are a smart alternative for those who love freedom and travel," Tom said.
"Once a customer purchases one of the 'Motion Insurance' packages, he or she will get Bt1.5 million in protection for accidental death or loss of one or more organs from an accident while travelling by plane or other public vehicles that have a licence to transport passengers, hospital fee coverage of Bt50,000 per incident as well as reimbursement for inpatient expenses of Bt2,000 per day [up to 150 days a year].
"In addition, customers will get protection under the Travel Inconvenience Plan in case their flight is delayed or luggage lost. We also provide you 'Global Assist' services in case you have a medical or legal emergency while overseas," he said.