New travel insurance program offers device protection anywhere

Insurance
02/03/2024 News

Travelers now have access to a pioneering program in the travel insurance industry, thanks to a partnership between Bolt and WorldTrips. This innovative offering provides comprehensive protection for connected devices like smartphones, tablets, and laptops, ensuring travelers stay connected and informed while on the go.

Bolt's fully digital 24/7 online claims process simplifies claim filing from anywhere in the world, eliminating the need to wait until returning home. Additionally, Bolt's extensive global repair network ensures swift device repair and reconnection, allowing travelers to maintain vital connections with friends and family.

Clayton Bodnarek, EVP of Alternative Distribution at Bolt, emphasized the solution's affordability and accessibility, catering to the needs of all travelers, including students and business professionals. This inclusive plan allows travelers to add device coverage to their travel insurance, paying only for the protection they require during their journey.

Mark Carney, President and CEO of WorldTrips, highlighted the importance of addressing travelers' pain points with simple and affordable solutions. He praised Bolt's device protection product for its global accessibility, recognizing the critical role devices play in storing valuable information during travel.

Since its launch in June 2022, Bolt's device protection capabilities have garnered partnerships with leading global insurance providers, resulting in significant year-on-year growth in policies sold through the program. The collaboration between Bolt and WorldTrips signifies a milestone in enhancing travel insurance offerings and meeting the evolving needs of travelers worldwide.

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