Raise It With Press Release
TechnologyCommerce / LifestyleFood / BeverageEducationReal Estate / Architecture
press release

/ Worried about losing or damaging your valuables on your next overseas trip? The KoverNow app has you covered!

Worried about losing or damaging your valuables on your next overseas trip? The KoverNow app has you covered!

Travel is added to popular mobile phone insurance app

A trip overseas can quickly turn from an opportunity to a disaster, not only due to flight interruptions or medical needs but if the traveller loses or damages their valuable belongings like a laptop, camera or watch. To go overseas with peace of mind, travel insurance may not provide sufficient cover for more valuable items due to its low limits. That´s why KoverNow now offers a combination of both travel insurance and dedicated items insurance in just one app.

The KoverNow app is easy to download and use
The KoverNow app is easy to download and use

KoverNow is well known for providing items insurance to protect against theft, loss and damage. With the addition of the travel insurance option, customers will not only be covered for incidents such as flight delays, medical treatment or the loss of their passport, but if they plan to travel with higher value items, such as luxury watches, jewellery or designer handbags, they can simply use the item insurance module to purchase cover. Because of the flexible policy term of 30 days for items cover, customers do not need to commit to a long-term contract to get their valuables covered for a single trip.

Purchasing travel and items insurance using KoverNow is easy. After downloading the app, all the customer needs to do is to click on the travel tab adding the travelling dates and destination. This takes less than a minute and can be done just before leaving home.

Adding cover for valuables is also easy. After the customer has added the valuables to the KoverNow vault, they need only switch on coverage for the items they want to travel with, accept the quote and it´s done. After the trip, the customer can either switch coverage for the items off, or - if coverage is also needed at home because most home insurance policies carry a cap for high value items – leave it as it is, and coverage will be automatically renewed every 30 days. At renewal KoverNow checks if the value of the items has changed. This ensures that the customer is never over- or underinsured.

Another distinctive feature of the KoverNow app is its integrated Singpass capabilities. Once the customer’s personal details have been securely ported from Singpass during sign-up, they do not need to be re-entered, which reinforces data accuracy and enhances convenience.

Underwritten by renowned insurer, QBE Singapore, the KoverNow travel and items insurance app provides peace of mind to travellers, whatever their destination. And if they are travelling with family, these family members can be included in the travel cover easily.

“We always intended to provide a variety of insurance policy types through the easy-to-use KoverNow app, and this new addition makes it ideal for travellers,” said Stephan Kaiser, CEO at KoverNow. “They can even secure cover quickly in the app as they make their way to the airport without the need for time-consuming paperwork or third parties being involved. Why take the risk when securing travel insurance is so easy to get?”

Users who download or update the KoverNow app, can learn more about the available insurance policies. 

About KoverNow
KoverNow is headquartered in Singapore, centred within its core markets in Asia Pacific. The company’s digitally enabled insurance platform dramatically improves the customer journey for purchasing and managing different types of personal insurance by streamlining processes and speeding up renewals, approvals and claims. The KoverNow platform can achieve these efficiency gains whilst providing transparency, speed and value to existing ecosystems, channel partners and policy holders. KoverNow’s insurance platform provides features and functionality that reflect changing consumer behaviours, such as greater control, flexibility and convenience in a truly mobile format. https://kovernow.com/
Julie Kirby Ascendant Communications jkirby@ascendcomms.net or comms@kovernow.com

Travel / SightseeingLife insurance / Non-life insuranceMobile app

Weekly Release Ranking
Feb 26, 2024 2024
Singapore Islamic Fintech RizqX Emerges 2nd In Saudi Startup Competition