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29 October 2012

Don’t leave good fortune to fate on your travels with comprehensive cover from Virgin Money.

Virgin Money Australia has boosted its personal insurance offering with the launch of Virgin Travel Insurance, in time for the holiday season.

The new product complements Virgin Money’s existing insurance portfolio. Virgin Travel Insurance provides peace of mind for travellers on both domestic and international trips, regardless of which airline you fly with.

David Curneen, Acting Managing Director, Virgin Money Australia commented: “This competitive new product is further proof of Virgin Money’s commitment to providing Australians with great value and refreshing alternatives in financial services.”

As the Australian dollar remains strong, outbound trips by Australians have grown 7% in the twelve months to June 2012 compared to the same period last year, with nearly three quarters of this growth attributable to leisure trips1.

“We know that Australians love to travel and experience adventure, but even the best laid plans can be met with uncertainties. Virgin Travel Insurance offers dependable cover for most types of domestic and international travellers at competitive prices,” said Curneen.

“Virgin Travel Insurance is a simple and affordable product backed by the Virgin promise of being there when consumers need it most. With the number of people taking trips on the rise, and the holiday season approaching, it’s more important than ever to make sure you have the right cover should you happen to be unlucky on your journey,” added Curneen.

Virgin Travel Insurance provides affordable quality cover for cancellations, overseas medical, luggage, accidents, personal items, travel documents, theft of cash, credit cards and more. Whether you’re travelling on your own or with family, on a short domestic trip or long overseas adventure, Virgin Travel Insurance has a cover option to suit your travel needs.

In partnership with Allianz Global Assistance, Virgin Travel Insurance also provides 24/7 overseas emergency medical assistance, including access to a specialist team of doctors, registered nurses and support staff. Virgin Travel Insurance’s marketing campaign introduces Fortunate Frank – he’s the luckiest traveller on Earth. The advertising depicts Fortunate Frank narrowly escaping a range of everyday occurrences that can go wrong when you travel.

The Virgin Money iTravel Wallet application is a free and useful tool that includes a currency converter, translation tool, mapping, as well as detailed information on the countries you intend to visit, including travel alerts provided dynamically from the Australian Government.

The campaign contains an appeal to Australian consumers, which is: Don’t leave your good fortune to fate the next time you travel. Get Virgin Travel Insurance in just a few minutes online or over the phone by calling 1800 134 419 (Mon-Fri 8am to 7pm, Sat 8am to 5pm AEST).

Visit the Virgin Money Australia website for more information and great travel tips for your next adventure.

1ABS OAD, Deloitte Access Economics

For more information, please contact:
Charli Ferrand
02 9928 1579, 0406 578 711

About Virgin Money
Virgin Money is the financial services arm of Sir Richard Branson’s Virgin Group, launched in Australia to provide simple, great value and transparent financial services products, backed up by our world-famous Virgin customer service. Today, we offer a range of award-winning products spanning credit cards, savings, superannuation, life insurance, income protection, car and travel insurance.
virginmoney.com.au | facebook.com/VirginMoneyAU | tweet @VirginMoneyAU

About Allianz
Allianz Global Assistance is an international leader in assistance, travel insurance and health, life and home care services. Globally, Allianz Global Assistance has more than 10,920 employees who speak 40 different languages and work throughout the world with a network of 400,000 service providers.

Four per cent of the world’s total population, or 250 million people, benefit from our services, which we provide on all five continents. We help someone, somewhere in the world every two seconds.

Together with customers and sales partners, the Allianz Group is one of the strongest financial communities in the world. Around 75 million private and corporate customers rely on our knowledge, global reach, capital strength and solidity to help them take advantage of financial opportunities and to avoid and safeguard themselves against risks.

In 2011, 151,000 employees in 70 countries achieved total revenues of 106.5 billion euros and an operating profit of 8.2 billion euros. Benefits for customers reached 91.4 billion euros. Verifiable transparency and integrity are key components of sustainable corporate governance at Allianz.

Virgin Travel Insurance is underwritten by Allianz Australia Insurance Limited

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