T
IC has introduced a
new car-rental excess
waiver benefit to all
its international products,
effective from October 1,
together with the insurance
company’s annual rate
increase.
The new waiver offers
reimbursement of the
excess for which a traveller
is liable if they are involved
in an accident or if a hired
car is stolen. The benefit
is being introduced on
TIC’s business products
as well as on its Leisure
Comprehensive and Leisure
Standard products.
Simmy Micheli, manager –
sales and marketing for TIC,
says the new benefit was
introduced due to popular
demand from travellers.
“The waiver limit varies
according to the plan the
client takes and is valid in
whichever country they are
travelling,” explains Simmy.
Additional changes to
TIC’s products include
overall benefit limit
increases on various
products including medical
and related expenses,
pre-existing illness
cover, cancellation cover,
accidental death, travel
delay, weather conditions,
luggage cover and luggage
delay.
The company’s travel
delay benefit now also
includes reimbursement
for lounge access costs.
Missed events are included
as insured events under
journey cancellation and
curtailment cover. Senior
cover is now available for up
to 123 days and the denied
visa benefit is restricted
to South African passport
holders only.
