Adding a new dimension of security and risk management to its already comprehensive Multinational Travel Accident (MTA) Program, ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, is extending its MTA coverages to include Political Evacuation Coverage and Kidnap & Extortion.The latest MTA program enhancements are designed to help multinational organizations protect their employees living and working overseas during times when political unrest and other events threaten their safety.
ACE USA's integrated Political Evacuation Support coverage delivers a full range of support through all four phases of a political evacuation -- warning, preparation, assembly and evacuation -- and, when political or military events escalate to a potential crisis point, covers the cost of securely withdrawing employees and transporting them to safety or returning them home.
Designed to help corporate travel clients deal with the reality of global security risks, ACE USA's Kidnap & Extortion Package includes benefits for ransom money paid (as a result of kidnapping) and the loss of ransom or extortion monies (due to confiscation or seizure). In addition, the Kidnap & Extortion Package covers the cost for a designated security consultant to respond to kidnap & extortion incidents.
The ACE USA MTA program provides a broad range of coverage benefits and travel assistance services for those employees traveling outside their country of permanent residence or assignment on short-term business trips.
Including its most recently added coverages, the ACE USA MTA program offers Political Evacuation Support; Kidnap & Extortion; AD&D emergency medical; emergency medical evacuation; and, repatriation of remains. Inconvenience benefits include: trip cancellation; trip interruption and loss of personal property. Coverage can be extended to include war risk exposures. Policy limits can be offered up to $5 million per life.
For further information, visit www.aceaccidentandhealth.com.
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