Fintech YouTrip launches online travel insurance in platform
The company’s business reportedly grew four times in Q2 compared to 2021.
Singapore fintech YouTrip has launched a travel insurance product on its multi-currency app in partnership with online insurance provider HL Insurance (HLAS).
Youtrip users can purchase a single-trip policy in the app and enjoy up to 65% in savings on their plan.
The fintech has observed a “rapid travel comeback amongst Singaporeans” which has reportedly grown Youtrip’s business by four times in Q2 compared to the same quarter in 2021.
READ MORE: Alternative payments dominate Asia as credit card use dwindles
"In this post-pandemic travel, getting well-covered with comprehensive insurance is an essential on every travellers' checklist. Likewise, this integration of insurance in our suite of financial services gives users a peace of mind as they embark on new adventures overseas," said Caecilia Chu, CEO and co-founder, YouTrip.
READ MORE: SG residents searching for outbound travel up 4.4x during CNY: Sojern
Users will also enjoy a guaranteed 15% cashback on every purchase of a single-trip policy from their HL Assurance COVIDSafe Travel Protect360 Enhanced Plans.