King Price Insurance  


15 August 2008

Airline Offers New Travel Insurance Product

As the rate of baggage pilferage increases at airports across the world, and flight delays are becoming the norm and not the exception, 1Time Airlines has recognized the growing need for travel insurance to cover these types of problems. As a result, the airline has launched a new travel insurance product, underwritten by AIG South Africa.

AIG underwrites 1Time travel insurance offering
AIG underwrites 1Time travel insurance offering
The product covers a wide variety of options including flight delays and even flight cancellation in certain cases.

"With the growing need for passengers to cover themselves against baggage pilferage at South African airports and other related risks, which are beyond the control of the airlines, 1Time has taken the initiative in arranging a travel insurance product which is underwritten by AIG South Africa Ltd.," said the Chief Executive Officer of 1Time Airlines, Rodney James. "Once again, it is a first for the South African airline industry and who better to offer it than ourselves as we are constantly the leaders in aviation innovation."

The new travel insurance covers a wide variety of options, including flight delays. The company will pay R375 for every six hours that a scheduled flight fails to take off, and will also cover flight cancellation in certain cases.

Taking out the 1Time Airline travel insurance has been designed to be as simple and hassle-free as possible. Travelers simply access the airline's website and choose the insurance option under the company's 'Bells and Whistles' services options, which also offers them the opportunity to purchase catering vouchers.

By offering travelers the option to purchase the insurance directly, the company has managed to keep prices competitive, beginning at R25 per journey leg.

As soon as the insurance purchase is made, 1Time contacts AIG who will send a confirmation note to the traveller.

"We're very excited about this offering, as it offers our passengers another innovative product to make their travels 'more nice, less price'," said Rodney James.





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Story Highlights »
  • 1Time launches travel insurance product
  • Travel insurance to cover baggage tampering and flight delays

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