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Qarant SÄ±ÄŸorta expands product mix

16 March 2009 13:39 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. Diversifying its products, Qarant SÄ±ÄŸorta Company has started to offer the unique Travel Insurance product. Differently from the type of insurance envisaging the insurance of travelers from accidents while being on travel to foreign countries, the Travel Insurance product offered by the Qarant SÄ±ÄŸorta Company combines some additional advantages as a kind of innovations in domestic market, said Fuad Abdullayev, Deputy Chairman of the Board of the Company.
This new Travel Insurance product is differing from the same type of product by ensuring the comprehensive insurance package for travelers. Besides such products as medical treatment fees, accidents, dentist care, evacuation and repatriation offered by other local insurance companies, Qarant SÄ±ÄŸorta Company introduces the insurance from lost luggage, delayed flight and being late to flight for the first time in Azerbaijan. In addition, Qarant SÄ±ÄŸorta Company will not ask additional payments from customers for this innovative product.

The Travel Insurance Product covers the following:
- Medical treatment and drugs purchase fees;
- Surgeon operation fees;
- Transportation to the hospital;
- Repatriation after medical treatment;
- Transportation by medical staff in emergency cases;
- Urgent dentistry;
- Accident insurance;
- Repatriation in case of demise.

Additional amenities:
- Lost luggage;
- Delayed flight;
- Being late to flight.

The famous GVA Company is the partner of Qarant SÄ±ÄŸorta Company in providing the Travel Insurance Product. The presence of GVA offices in many countries speeds up significantly the process of extending customer products. In this field, GVA Company has the rich experience in servicing 2.5 million of travelers annually.
It should be noted that though the Qarant SÄ±ÄŸorta Company was registred in November 2007, and launched operation from 2008. The Companyâ€™s fixed capital is equal to AZN 4 million.