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Fintech YouTrip launches online travel insurance in platform

The company’s business reportedly grew four times in Q2 compared to 2021.

Singapore fintech YouTrip has launched a travel insurance product on its multi-currency app in partnership with online insurance provider HL Insurance (HLAS).

Youtrip users can purchase a single-trip policy in the app and enjoy up to 65% in savings on their plan.

The fintech has observed a “rapid travel comeback amongst Singaporeans” which has reportedly grown Youtrip’s business by four times in Q2 compared to the same quarter in 2021.

READ MORE: Alternative payments dominate Asia as credit card use dwindles

"In this post-pandemic travel, getting well-covered with comprehensive insurance is an essential on every travellers' checklist. Likewise, this integration of insurance in our suite of financial services gives users a peace of mind as they embark on new adventures overseas," said Caecilia Chu, CEO and co-founder, YouTrip.

READ MORE: SG residents searching for outbound travel up 4.4x during CNY: Sojern

Users will also enjoy a guaranteed 15% cashback on every purchase of a single-trip policy from their HL Assurance COVIDSafe Travel Protect360 Enhanced Plans.

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