There are many different factors that come together to help the human prospects, and yet none seem to do a better job than our ability of growing on a consistent basis. This unwavering pledge to become better, under all possible circumstances, has brought the world some huge milestones, with technology emerging as quite a major member of the stated group. The reason why we hold technology in such a high regard is, by and large, predicated upon its skill-set, which ushered us towards a reality that nobody could have ever imagined otherwise. Nevertheless, if we look beyond the surface for one hot second, it will become abundantly clear how the whole runner was also very much inspired from the way we applied those skills across a real world environment. The latter component, in fact, did a lot to give the creation a spectrum-wide presence, and as a result, initiated a full-blown tech revolution. Of course, the next thing this revolution did was to scale up the human experience through some outright unique avenues, but even after achieving a feat so notable, technology will somehow continue to bring forth the right goods. The same has turned more and more evident in recent times, and assuming one new discovery ends up with the desired impact, it will only put that trend on a higher pedestal moving forward.
World Trips Insurance services, a leading provider of global travel insurance, has officially announced the launch of a new insurance product called Atlas Nomads, which is designed to serve the specific needs of remote workers travelling and working abroad, as well as other digital nomads. According to certain reports, Atlas Nomads delivers on its promised value proposition through coverage for unexpected medical expenses like, let’s say, an Emergency Medical Evacuation. Next up, it provides a whole assortment of supplemental travel benefits to enhance your journey. These benefits, at launch, will help you deal with challenges, such as trip Interruption, travel delay, lost checked luggage, and more. We referred to how Atlas Nomads makes a point to let you access coverage for unexpected medical expenses, but what we still haven’t discussed is the fact that it also has many more emergency benefits on the offer, benefits that spring to action in an event of emergency reunion, political evacuation, and crisis response etc. Complimenting the same is a monthly payment option and coverage, both being available for purchase prior to departure, or if that’s not when you want to avail it, you can do so at any point during a particular travel. Talk about to what extent the stated features will likely aid your case, we begin from Atlas Nomads’ travel medical coverage, which is available for upto $250,000 in medical expenses. The given coverage, notably enough, arrives alongside $0 deductible and 100% coverage of eligible expenses. Then, we have an angle dedicated just to emergency support. The monetary limit here is understood to be at $100,000 for emergency medical evacuation and up to $10,000 each for political evacuation and crisis response. Having covered the benefits, and the payment flexibility on display here, we now get into the eligibility criteria for Atlas Nomads. The answer to that would include all non-U.S. citizens and residents traveling and working outside their home country.
“The launch of this product — with its global reach — is a landmark achievement for us, and underpinned by our strong underwriting culture at Tokio Marine HCC,” said Mark Carney, CEO at WorldTrips Insurance Service. “Atlas Nomads understands the unique challenges faced by digital nomads and perpetual travelers. And, we are excited to be a part of our customers’ journeys around the globe.”
Born out of Tokio Marine HCC group of companies in 1998, WorldTrips Insurance Services has risen up on the back of being the first ever company to make insurance products and services available via the internet. As a result, its customers service can seamlessly review coverage options, obtain quotes, purchase insurance, and receive their insurance documents without any human intervention whatsoever, and guess, they can also do so at any time around the clock. WorldTrips’ excellence in what it does can be further validated once you consider that, apart from servicing US citizens with comprehensive trip protection insurance, the company currently provides travel medical insurance to customers in over 130 countries.
Making WorldTrips’ case even stronger is, of course, its parent company, Tokio Marine HCC, which as of today, has a strong presence in more than 180 countries underwriting over 100 classes of specialty insurance in these areas. Such an expansive footprint for the company, however, came only after its major domestic insurance companies achieved financial strength ratings of “A+ (Strong)” from S&P Global Ratings, “A++ (Superior)” from A.M. Best, and “AA- (VeryTokio Marine HCC’s Strong)” from Fitch Ratings. Not just that, Tokio Marine HCC’s international insurance companies have also achieved financial strength ratings of “A+ (Strong)” from S&P Global Ratings.
