FANews
FANews
RELATED CATEGORIES

TIC introduces Travel Supplier Insolvency cover

30 May 2011 TIC

TIC, the foremost travel insurance company in the country, is delighted to announce that as of 1 June 2011 we will introduce Travel Supplier Insolvency cover.

TIC’s Travel Supplier Insolvency cover is the most comprehensive insurance available in the market and will meet the full extent of our clients’ travel requirements, providing them not just with scheduled airline insolvency protection but with cruise line, hotel accommodation, car rental company, rail and coach operator protection, as well. This will allow our clients to travel with total peace of mind anywhere in the world.

It has always been TIC’s intention to be at the forefront of delivering a comprehensive and affordable travel insurance product to the South African market and by introducing this new product, we believe that we are giving travellers the best solution for their travel needs.

Jason Veitch, TIC’s Managing Director, says, “TIC has realised that in these complicated financial times clients require absolute security in their travel arrangements. In this regard, TIC has investigated all manner of Travel Supplier Insolvency programmes and made a principled decision to ensure that it can offer its market the most comprehensive cover available. That is why TIC has decided not just to provide airline cover but to extend this to cover a traveller’s full travel arrangements.”

TIC is once again spearheading changes in the industry with our passionate commitment to delivering the best possible product and service to travellers.

Quick Polls

QUESTION

How confident are you that insurers treat policyholders fairly, according to the Treating Customers Fairly (TCF) principles?

ANSWER

Very confident, insurers prioritise fair treatment
Somewhat confident, but improvements are needed
Not confident, there are significant issues with fair treatment
fanews magazine
FAnews June 2024 Get the latest issue of FAnews

This month's headlines

Understanding prescription in claims for professional negligence
Climate change… the single biggest risk facing insurers
Insuring the unpredictable: 2024 global election risks
Financial advice crucial as clients’ Life policy premiums rise sharply
Guiding clients through the Two-Pot Retirement System
There is diversification, and true diversification – choose wisely
Decoding the shift in investment patterns
Subscribe now