More than 250,000 Erasmus students could benefit from the protection offered under the policy, which covers medical repatriation, hospital accompaniment and medical expenses in the event of illness or accident
MAPFRE has signed a travel insurance distribution agreement aimed at European Erasmus students with the Erasmus Student Network (ESN), through its subsidiary MAPFRE ASSISTANCE. This solution comes on the back of rising demand from students for such coverage, and up to 250,000 students can now avail of this insurance, giving them peace of mind so that they can get the most out of their Erasmus experience.
The product can be purchased in 18 European countries (Belgium, Denmark, Spain, Slovakia, Finland, France, Germany, Greece, Hungary, Italy, Ireland, Norway, Poland, Portugal, United Kingdom, Czech Republic, Romania and Sweden) as of July and will gradually be extended to other countries over the course of 2015.
MAPFRE ASSISTANCE will use its online travel insurance platform InsureandGo to offer students, via the ESN website http://www.esn.org/, this insurance, which includes medical assistance, repatriation in case of accident, a relative’s travel and accommodation costs if the insured is hospitalized, baggage recovery and a host of other features that make it the ideal solution for today’s Erasmus globetrotters.
EThe new insurance on offer provides students with multilingual telephone assistance 24 hours a day, 365 days a year, as well as guidance and medical advice for any type of query. Students who take out this insurance will also be covered for the theft of personal items such as cell phones and laptops.
InsureandGo has been part of MAPFRE ASISTENCIA since 2010 and is a world leader in online travel insurance for individuals. It currently operates in the United Kingdom, Ireland, Australia, United States and France.
MAPFRE ASISTENCIA, a leading company specializing in assistance, service provision and insurance for specialty risks, offers comprehensive solutions to its clients in four main sectors – insurance, including specific solutions for brokers, finance, automobile, travel and tourism – as well as products for individuals. With a direct presence in 45 countries and more than 1,572 corporate clients, it operates throughout the world and 111.9 million people benefit from its services.
MAPFRE is a global insurance company present in 49 countries across all five continents. It is the leader in the Spanish insurance market, the top multinational insurance group in Latin America, and one of the 10 largest European groups in terms of premium volume. MAPFRE employs more than 38,000 professionals and services more than 27 million clients worldwide. In 2014 it reported a net profit of over 845 million euros and revenues of 26.36 billion euros.