Blue Cross, Public Bank Seal Bancassurance Deal

Blue Cross (Asia Pacific) Insurance Limited and Public Bank (Hong Kong) Limited have made a significant move. The two entities have entered into a bancassurance agreement. This paves the way for Public Bank customers to access a range of insurance offerings.

Specifically, customers can now purchase TravelSafe Plus and HomeSafe Protection Insurance provided by Blue Cross. TravelSafe Plus offers extensive travel coverage. It includes substantial worldwide medical expenses and personal accident benefits, reaching up to $154,387 (HK$1.2m) each. Additionally, it safeguards against trip cancellations, interruptions, and delays, and provides round-the-clock emergency assistance globally.

HomeSafe Protection Insurance, on the other hand, presents a comprehensive set of combined protection benefits. It extends coverage to household contents worth up to $154,387 (HK$1.2m), personal belongings, and third-party liability. This new partnership is expected to enhance the financial and insurance options available to Public Bank customers, providing them with greater peace of mind and security in various aspects of their lives.

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