CHENNAI: General insurance company Liberty General Insurance Ltd has partnered with online travel agency Yatra to offer Liberty Secure Travel, an insurance policy that covers the cancellation of flight tickets. This will be available only for domestic travel.
Liberty Secure Travel offers a ‘Cancel for Any Reason option to the customers. Further, the customers will be able to cancel their flights up to 24 hours before departure and liberty will reimburse them for losses of up to Rs 5,000.
Yatra’s customers can opt for Liberty Secure Travel cover while booking a ticket, and thus enabling them to avail of a seamless refund on the cancellation of their flights.
“When a customer cancels a flight ticket, a significant portion of the ticket fare amount is deducted as a penalty by the airlines. The refund is usually meagre in comparison to the overall ticket price. This policy will ensure zero cancellation penalty to its customers to reduce their cancellation worries,” a press statement said.
Roopam Asthana, CEO & whole time director, Liberty General Insurance Limited, said, “We at Liberty are elated to partner with Yatra for offering Liberty Secure Travel insurance policy. As we get back to normal life and travel, this product will surely benefit a large number of customers, safeguarding them from any unforeseen circumstances that necessitate travel cancellation. We are certain that our product will give peace of mind and confidence to the customers to plan their travel worry-free.”
Under the Liberty Secure Travel Policy, for trip cancellation, the customer will be eligible for a Sum Insured maximum up to Rs 5,000. The sum insured for both accidental death, permanent and total disablement will be Rs 1,00,000. Anyone aged between three months to 70 years can buy a travel insurance policy.
The travel insurance plan starts ar Rs 399 onwards per flight including GST. ‘Trip Cancellation Extension’ cover can be claimed if you have canceled your flight ticket at least one day (24 hours) before the scheduled departure date. The policy starts from the scheduled departure date and time of flight from the originating airport to the actual arrival date and time at the destination airport as mentioned in the booked flight ticket.