IMG introduces travel product for employers
International Medical Group (IMG) has launched PTOgo, a travel medical insurance offering for employers and employees that provides accident and sickness coverage for international trips during paid time off.
Offered as an employee benefit, PTOgo includes a customizable number of days of travel medical insurance coverage for employees, their spouses, and their children to take leisure trips internationally in the year following a company’s open enrollment period.
Often for less than $5 per day, PTOgo can be offered as a voluntary benefit via payroll deduction or as an employer-paid program and can easily be integrated with third party benefits providers. When utilizing their bank of days, travelers with PTOgo will have a range of benefits including up to $1 million in eligible medical coverage per trip and access to a 24/7 global assistance hotline during their trip.
SiriusPoint – the parent company of IMG as of 2017 – will be rolling out PTOgo to its employees this year. SiriusPoint staff will have access to IMG’s coordinated care across borders and healthcare providers, including 24/7 multilingual support and in-house medical staff to assist in the event of an emergency.