BusinessTravel

Tesco Bank launches travel insurance

Three tiers of cover are available to suit ‘a range of customer needs’, with all policies including cover for medical expenses, trip cancellation or delays, and lost or stolen baggage or money

Tesco Bank has announced the launch of a new travel insurance offering which will include Covid-19 cover to help protect customers who test positive and experience Covid-19 related disruption, either before or during their trip.

Three tiers of cover are available to suit “a range of customer needs”, with all policies including cover for medical expenses, trip cancellation or delays, and lost or stolen baggage or money.

Mark Airey, Tesco Bank’s insurance commercial director, said: “Offering Covid-19 protection as standard helps to give customers peace of mind they are protected should they test positive, and they have to cancel or cut short their trip.

“With a range of cover levels available to Tesco shoppers, we’re confident customers will find a policy that suits them and their holiday once travel at home and abroad is permitted.”

Tesco Bank has also partnered with Rock Insurance Group to manage the scheme, while Rock has selected Axa Partners to provide underwriting, claims handling and medical assistance services.

Paul Moloney, sales director at AXA Partners, said: “We’re delighted to announce our new partnership with Tesco Bank to provide underwriting and other services for its new travel insurance proposition.

“We very much look forward to providing Tesco Bank customers with quality travel insurance cover both now, and when we are free of this pandemic.”

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