Insurance firm launches Global Travel Protect

CEBU - The Paramount Life and General Insurance brings the comprehensive Global Travel Protect (GTP) to the Philippines in partnership with Mapfre Asistencia of Spain. 

With Paramount’s GTP, peace of mind while traveling worldwide can be had for as little as $7.60 covering up to four days or as $6.16 within Asia. 

George T. Tiu, Paramount president and chief operating officer, said: “Paramount has always been a forerunner in product and service innovation. And Paramount’s GTP is our latest product that addresses travel insurance, another growing and vital need among Filipinos.” 

With frequency, ease, and affordability of air travel increasing the chances of accidents as well the laws as requirement of travel insurance for Filipinos when applying for visas, Paramount’s GTP is a must. 

Paramount’s GTP is a cost-effective choice that covers beyond emergency medical care while traveling. 

Aside from the necessary and reasonable costs of hospitalization, surgery, medical fees, and pharmaceutical products incurred during a trip, Paramount has a 24-hour hotline that can organize medical services such as emergency expenses in case of death while traveling, emergency payments and even car rentals.

 “Unlike our competitors, our product is not under a reimbursement later,” says Edilberto A. Casiño, managing director for Paramount’s Non-Life Operations. PR/LPM (THE FREEMAN)