Azerbaijani Insurance Company extends insurance cover to travelers
Azerbaijan, Baku, March 16 / Trend , U.Ismayilova/
The Azerbaijani Qarant Sigorta insurance company is introducing a new type of insurance for travelers. This type of insurance includes insurance of lost baggage, flight delays, as well as delays to flights, Qarant Sigorta Board Deputy Chairman Fuad Allahverdiev said.
"These insurances do not require additional expenditure from insurance," Allahverdiyev added.
The new product provides comprehensive travel insurance, including medical care expenditure in the case of accidents, dental care, evacuation and repatriation. Tariffs for this product will be determined depending on the country in which the insurer flies, as well as the required services.
Qarant Sigorta's fees for this type of insurance services are relatively lower than that of other companies. The average price of insurance coverage for seven days is about $50,000, said Allahverdiev.
The Global Voyager Assistance company is Qarant Sigorta's partner to implement Insurance of travelers.
In November 2007, the Azerbaijani Finance Ministry licensed Qarant Sigorta. The company enters the ZQAN Holding. Company's authorized capital is 4 million manat. Qarant Sigorta offers 18 types of voluntary and 4 types of compulsory insurance.
On March 16, the official exchange rate is 0.8045 manat to $1.Do you have any feedback? Contact our journalist at: [email protected]