UAE Exchange has signed a partnership agreement with insurance major AIG to offer its prepaid travel card gocash customers a range of free insurance benefits such as personal accident benefits and free medical cover among other advantages.
In a statement, UAE Exchange said that customers of gocash, a first-of-its-kind pre-paid travel card from UAE Exchange, can now travel with more peace of mind with the services it is offering in partnership with AIG.
Promoth Manghat, vice-president of Global Operations at UAE Exchange, said: “This kind of partnership for free insurance coverage is a first-of-its-kind arrangement in its class. UAE Exchange has once again set a standard and retained its position as a trendsetter in bringing the best to its customers. Towards this, we found the right partner in AIG. Both UAE Exchange and AIG carry high equity and trust amongst the customers. Such an offering is sure to receive a warm welcome. We take pride in partnering with AIG.”
Chandra Shekhar, head of Consumers at AIG Arabia, said: “AIG always looks for opportunities to add value and convenience to customers and in partnering with UAE Exchange, we are able to do this, as they share our values and approach. The gocash card is for the new generation of travellers and AIG understands their needs perfectly. Together with UAE Exchange, we can provide real protection for gocash cardholders, when they travel.”
In one go, gocash can be loaded with up to six currencies from a bouquet of 15. This hassle-free travel card comes from UAE Exchange, which has a principal membership with MasterCard. This enables the gocash cardholder to withdraw cash from over 1.9 million MasterCard-powered ATMs and make purchases from over 34.3 million merchant locations.
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