#Japan #Tokyo #Cruise Insurance #Finatext #Smart Plus SSI

Finatext and Smart Plus SSI Introduce Innovative Cruise Cancellation Insurance

In an exciting development for cruise travelers, Finatext Group and Smart Plus SSI have teamed up to launch a seamless mobile solution: the Cruise Reservation Cancellation Insurance. This new insurance product is designed specifically for those who find themselves unable to embark on their reserved cruise journey, providing coverage for cancellations up to 100% of incurred fees.

Background of the Service

Finatext, a fintech company based in Chiyoda, Tokyo, has been at the forefront of integrating finance into various services through innovative solutions. In partnership with Smart Plus SSI, under the auspices of MS&AD Insurance Group, they are addressing the rising need for flexible cancellation options in the travel industry. With increasing uncertainties, demand has surged for insurance that can alleviate the financial burdens associated with travel cancellations due to unforeseen events.

The newly launched cancellation insurance caters to cruise travelers, compensating them in a range of scenarios from sudden illness to severe weather conditions that may impact their ability to travel. The importance of such a product is magnified for cruise bookings, which often come with hefty cancellation fees.

Key Features of the Cruise Cancellation Insurance

Comprehensive Coverage

• - Up to 100% Cancellation Fee Coverage: The insurance promises compensation for up to the full amount of the cancellation fees, making it an essential safeguard for travelers.
• - Applicable to Both Domestic and International Cruises: Whether travelers opt for a local Japanese cruise or an international voyage, they are assured comprehensive coverage.

Extensive Causes for Compensation

The insurance covers a wide range of reasons, including but not limited to:

• - Infection by designated diseases (including positive PCR tests)
• - Hospitalization or death of the insured or travel companion
• - Death of a family member
• - Emergency trips or legal obligations such as jury duty
• - Damage to the insured's home
• - Delays in transportation or vehicle breakdowns
• - Natural disasters leading to evacuations

User-Friendly Process

Applying for the insurance is designed to be quick and hassle-free. Prospective customers can complete their applications online from the comfort of their smartphones, ensuring an efficient process tailored to modern travelers.

Example Premium Rates

Premium rates vary based on the travel cost. For instance:

• - For a travel expense of ¥150,000, the premium would be approximately ¥5,670 for domestic travel and ¥8,340 for international travel.
• - For a travel expense of ¥1,000,000, the costs would increase proportionately, highlighting the value that this insurance provides in high-stakes situations.

Application Process

Interested travelers can easily apply for the Cruise Reservation Cancellation Insurance through the following link: Apply Here

Partnership Opportunities

Smart Plus SSI is actively seeking sales partners to distribute this innovative insurance. Interested parties such as travel agencies, cruise companies, or insurance agents are encouraged to reach out for collaboration opportunities, enhancing the availability of this essential coverage to more travelers.

About Finatext Group and Smart Plus SSI

Finatext Group operates with the mission to redefine financial services by embedding them into various sectors. The company comprises several entities, including Finatext Co., Ltd., which collaborates with partners to create next-generation financial services and infrastructure. Their concerted efforts aim to make finance more accessible and relevant to everyday life.
Smart Plus SSI focuses on working with digital service providers to create tailor-made insurance products that meet the evolving needs of the public. They emphasize consumer protection and support through various policies targeted at sectors like healthcare and travel.

As the landscape of travel continues to change, offerings such as the Cruise Reservation Cancellation Insurance are setting new standards in consumer protection, ensuring that travelers can enjoy their adventures with peace of mind.