Hong Kong-based virtual bank livi has launched a simple and easy-to-apply travel insurance plan to meet the needs of its Hong Kong customers as they decide to travel amid the relaxation of Covid-19 quarantine rules.
The plan, Travel Now, is livi’s first general insurance offering as it expands its product offers to meet its customers’ lifestyle needs, and it provides two levels of tailored protection to address the concerns about changing local and overseas immigration and quarantine rules.
The plan is underwritten by BOC Group Insurance, an affiliate of livi’s major shareholder BOC Hong Kong (Holdings) (BOCHKH). This is the second time that livi is collaborating with an affiliate of BOCHKH for insurance offerings. The partnership with BOCG Group Insurance underscores livi’s strategy of leveraging its shareholder ecosystem to enrich the customer experience.
“With the easing of quarantine measures, our customers are excited about travelling and planning new adventures,” says Carol Hung, livi’s chief product officer. “[The plan] is designed to ensure they can set off on their next trip with peace of mind and enjoy their holiday.”