Macau: Insurers to launch products adapted to travel alerts
Source: Asia Insurance Review | Apr 2017
Six or seven insurance companies are set to launch insurance products that would be in line with Macau’s new travel alert system, which has been in force since 7 March, said the Macau Government Tourism Office (MGTO).
The three-level Outbound Travel Alert system (OTA) covers 77 countries or places which are considered the preferred travel destinations of Macau residents, reported Macau Daily Times. Taiwan, mainland China and Hong Kong are not covered as they “are part of the People’s Republic of China,” said the Tourism Crisis Management Office (GGCT).
The objective of the OTA is to allow timely dissemination of information about crisis situations, emergencies or catastrophes affecting different parts of the world. The situations include but are not limited to terrorism, adverse weather conditions, security issues, political conflicts or issues related to public health. It is up to individuals to decide their travel plans according to the information provided.
With the implementation of the system, the GGCT advised Macau residents to purchase comprehensive travel insurance, including a coverage option that acknowledges the OTA and provides international emergency medical evacuation coverage.