Singapore's leading neobank, YouTrip, has launched a new travel insurance product on its multi-currency app for all local users. Rolled out in conjunction with online insurance provider, HL Assurance (HLAS), travellers can now purchase a single-trip policy directly and conveniently on the YouTrip app, and enjoy up to 65% in savings on their plan.
This roll-out follows the rapid travel comeback among Singaporeans, and business for YouTrip has grown an exponential 4X this quarter (Q2) compared to 2021. With international travel only expected to rise, this expansion into insurance is timely in helping to simplify users' trip preparation process.
"As a company, this is also a significant step in our work to build a borderless banking product for travellers in the region - from promising the most affordable and convenient multi-currency payments, and now protection," said Ceacilia Chu, CEO and Co-founder, YouTrip.