PHILADELPHIA--(BUSINESS WIRE)--ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, today announced the launch of the ACE USA Multinational Travel Accident (MTA) coverage, which is specifically designed to cover the unique exposures of multinational organizations including corporations, public entities or not-for-profit. An MTA enables all domestic and international exposures to be covered under one Controlled Master Program (CMP).
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. Specifically the ACE USA MTA program offers the following: 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.
“Traditional business travel accident plans may not take into account gaps in coverage. ACE USA’s MTA plan provides a single access point to help eliminate these concerns and integrate policies under one controlled master program (CMP), delivering continuity and efficiencies,” said Frank D’Ancona, Vice President, ACE USA Accident & Health. “Providing this centralized program offers the client lower cost by reducing the administration expenses incurred from managing multiple policies worldwide. As a leader in providing innovative risk management solutions, we’re pleased to assist our clients in capitalizing on economies of scale resulting from their spread of risk.”
Key features of ACE USA’s Multinational Travel Accident Coverage (MTA):*
The ACE USA Multinational Travel Accident Coverage product is underwritten by the ACE USA Accident & Health division. For more information or to submit an account, contact Frank D’Ancona at (215) 640-6335 orFrank.D’firstname.lastname@example.org or visit www.aceaccidentandhealth.com.
ACE USA Accident & Health is committed to delivering a wide range of insurance products—from traditional employer accident programs to specialty coverages for various types of groups and their members. These products help to protect against the serious financial consequences of a sudden injury or illness.
*Product highlights are summaries only; please see actual policy for terms and conditions. Products may not be available in all countries.
ACE USA is the U.S.-based retail operating division of the ACE Group of Companies, headed by ACE Limited (NYSE:ACE), and is rated A+ (Superior) by A.M. Best Company and A+ (Strong) by Standard & Poor’s. ACE USA, through its underwriting companies, provides insurance products and services throughout the U.S. Additional information on ACE USA and its products and services can be found at www.ace-ina.com. The ACE Group of Companies provides insurance and reinsurance for a diverse group of clients around the world.