Following the "Yama-to-Keikoku Mountaineering Insurance," Sales Begin for "Search and Rescue Expense Insurance: Mountaineering Group Plan"
NQ Score
50/100
AI Summary (NQ-processed)
Yama-to-Keikoku Co., Ltd. has launched a new "Search and Rescue Expense Insurance: Mountaineering Group Plan" for groups of five or more. This insurance provides comprehensive coverage for search and rescue costs, as well as family travel and medical expenses, for various outdoor activities.
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Frequently Asked Questions
- Q: What company is launching the 'Search and Rescue Expense Insurance: Mountaineering Group Plan' and when did sales begin?
- A: Yama-to-Keikoku Co., Ltd. began sales of the 'Search and Rescue Expense Insurance: Mountaineering Group Plan' on Wednesday, April 1st, 2020, as part of its outdoor safety offerings.
- Q: Who is the underwriter for the 'Search and Rescue Expense Insurance: Mountaineering Group Plan' and what is their role?
- A: ABC Small-Amount Short-Term Insurance Co., Ltd. is the underwriting provider for the policy, issuing the official 'Search and Rescue Expense Insurance' with a special bulk clause.
- Q: What is the minimum group size required to apply for the Mountaineering Group Plan and who applies on behalf of the group?
- A: Mountaineering groups must have at least five members, and a representative from the group acts as the policyholder to apply for the insurance plan.
- Q: How much coverage does the insurance provide per person for search and rescue costs and under what conditions?
- A: The insurance provides full coverage of up to 3 million yen per person for search and rescue costs, including primary rescue and secondary search operations during outdoor activities.
- Q: What are the annual premium rates for the group plan and how do they vary based on group size?
- A: The annual premium is 3,500 yen per person for groups of 5–9 members and 3,200 yen per person for groups of 10 or more members enrolled in the plan.