Yumeshokunin, an NPO dedicated to social education and welfare for children and young people, has partnered with Smartplus Micro Insurance Co., Ltd. to launch 'Travel Reservation Cancellation Insurance,' which can be enrolled in even if the travelers are children under 18.
This service is provided by Smartplus Micro Insurance, which is funded by Finatext Holdings Ltd. and Aioi Nissay Dowa Insurance Co., Ltd.
Background: Providing Peace of Mind to Encourage Children's Experiences!
In recent years, the importance of diverse real-life experiences for children's growth has been widely recognized, leading to increased interest in camps, short-term study abroad programs, and experience tours. However, for parents sending off children who are more prone to illness than adults, concerns such as "What if they get injured right before departure?" or "What if they have a fever on the morning of the event?" are acute.
Activities requiring prior registration often lead to hesitation among parents due to concerns about last-minute illness or injury. For families who have experienced cancellations before, this becomes a deterrent to signing up. Cancellation fees generally increase as the event date approaches, making the burden of last-minute cancellations significant.
Drawing on its years of supporting children's experiential activities, Yumeshokunin has partnered with Smartplus Micro Insurance to launch this insurance to resolve the conflicts and economic risks faced by parents, creating an environment where both children and parents can take the first step towards new experiences with peace of mind.
Key Features of the Product
- Available for Minors Under 18: Parents can enroll as the booking representative. - Covers a Wide Range of Domestic and International Travel: Applicable not only to activities hosted by Yumeshokunin but also to package tours, short-term study abroad, accommodation, and transportation bookings provided by other companies. - Covers Everything from Sudden Fevers to Public Transport Delays: Includes coverage for outpatient visits and hospitalizations due to sudden illness or injury of the child or their relatives. - 100% Coverage of Cancellation Fees with Digital Claims: Insurance claims can be easily handled via smartphone.
Product Summary
- Name: Travel Reservation Cancellation Insurance - Launch Date: May 1, 2026 - Coverage: Cancellation fees due to illness or injury of the policyholder or relatives, public transport delays, and emergency medical visits. - Scope: Domestic and international travel reservations (package tours, accommodation, airline tickets, etc.) - Payment: Credit card or PayPay.
FACT BOX
- Source: PR TIMES
- Category: New Product