What's included?
Stay cancellation: Refund of partial payments or any amount withheld by the property manager from the Guest in case of total rental cancellation.
Expenses for stay interruption: Refund to the Guest for unused land services due to early return.
The insurance deductible is a pre-agreed amount of money that must be paid to the insurance provider in case of a claim.
You will find detailed information about the coverage and conditions of each type of coverage in the attached PDF below.
Companies from all over Europe, except France:
Companies from France:
Benefits for the Property Manager
Adaptation to possible T&C (terms and conditions agreement) (regarding cancellation fees).
Be free from any discussion with the Guest about penalty fees in case of cancellation.
Enhance marketing efforts with additional services provided to customers.
You can increase the insurance premium and, therefore, your income.
You can apply a profit margin to the insurance premium, contributing to the company's earnings.
Opportunity to increase the number of early bookings, as the guest feels reassured.
The Property Manager does not have to intervene in the claims process. The PM is automatically informed of the cancellation by the Guest and can resell the available property.
Possibility to increase warranty limits for premium accommodations.
Benefits for tourists
Refund of the consequences of a cancellation before the arrival date and pro rata of unused services in case of early return.
No deductible in case of Illness, Accident, Hospitalization (# 85% of claims).
More than 25 risks covered.
Limit of 20K€ / file (with the possibility of reaching up to 50K€).
Very broad definition of family members covered under the warranty.
Option to cover lack or excess of snow for winter destinations.
Individual consequences of epidemics (incl. Covid-19) covered.
Open territoriality: The guest can come from anywhere in the world for any accommodation in Europe.
Pricing
Gritchen is dedicated to offering first-class service to its customers. Therefore, prices are exclusive to each property manager and tailored to the specific needs of the company.
Contact Alfredo Valero.
+34629911889