(BRK.A), (BRK.B)
Berkshire Hathaway Travel Protection (BHTP), a leading provider of innovative travel insurance, has launched a new lineup of travel insurance products for the U.S. market.
Known for its market-leading innovation in U.S. travel insurance, BHTP is launching more comprehensive coverage than before with the debut of ExactCare® Value™ and ExactCare® Extra™, and enhancements to its existing ExactCare® product.
“BHTP is launching a good, better and different suite of plans in the U.S. market,” said Dean Sivley, president of Berkshire Hathaway Travel Protection. “Our top-tier offering is ‘different’ in that it not only provides the highest coverage limits from BHTP, it also integrates our innovative fixed benefits, making it the broadest travel insurance option in the U.S.”
ExactCare® Extra™: BHTP is the first travel insurance company to launch a revolutionary concept that combines the innovative and immediate fixed-benefit payments featured in its existing AirCare® product with traditional coverage, giving travelers the broadest travel and simplest protection possible.
ExactCare® Value™: Full-featured product offering savvy travelers what they want most from travel insurance.
ExactCare®: BHTP’s most popular product is now more hassle-free – particularly for families, with the addition of family-friendly pricing.
“Travel agents now have something different to offer their clients – something that includes what we’re calling ‘no receipts needed’ fixed benefits for several coverages in BHTP’s new ExactCare Extra® plan,” Sivley added. “Following the 2014 debut of AirCare® – the world’s first flight-protection product to feature claims that are automatically filed and paid as flight or baggage mishaps happen – BHTP has now combined these popular fixed benefits for travel disruption and baggage with traditional, comprehensive travel insurance.”
As travelers enter the busy and often weather-disrupted summer travel season, the new and enhanced ExactCare products will not only make quick travel assistance more accessible for any travel problem or disruption, but now travelers can receive “as it happens” claims payments for covered flight cancellations, tarmac delays or delayed and lost baggage.
Designed to dramatically reduce or eliminate claim filing and processing, all new BHTP ExactCare products include expedited claims reimbursement via BHTP Burst® – including direct e-payments to a PayPal account, or payment via debit card into a specified account. Plus, the new, innovative ExactCare Extra plan includes real-time flight tracking, the popular high-tech feature that was first introduced in 2014 with BHTP’s AirCare product.
All BHTP insureds have access to on-demand attention and responses through MyAssist, and BHTP’s 24/7/365 global concierge service.
© 2017 David Mazor
Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.