Summary
Thomas Cook (India) and its group company SOTC Travel have introduced a new insurance cover in collaboration with ICICI Lombard. This cover protects against financial losses from visa rejections, excluding immigrant or employment visas, by compensating for non-refundable payments on travel and accommodation.
Thomas Cook (India) and SOTC Travel have unveiled a trip cancellation insurance covering visa rejections, in partnership with ICICI Lombard. This initiative is poised to provide travelers financial relief against non-recoverable costs associated with visa denials, excluding those for immigrant or employment purposes.
Under this new plan, customers facing visa rejections can secure compensation for any prepaid expenses related to accommodation and travel. Thomas Cook (India) emphasized the increasing necessity of financial safeguards in today's unpredictable travel landscape, where visa rejections can lead to substantial monetary losses.
Abraham Alapatt, President and Group Head of Marketing, Service Quality, Value Added Services, and Innovation at Thomas Cook (India) Limited and SOTC Travel, highlighted that the Visa Rejection Cover is thoughtfully crafted to fill a critical gap in travel protection, offering structured support against non-refundable expenditures.
Source
Original coverage by Devdiscourse.
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