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Thomas Cook India, SOTC unveil first-of-its-kind visa rejection cover

Story Highlights
  • Thomas Cook India and SOTC have introduced a first-of-its-kind Trip Cancellation due to Visa Rejection Cover, underwritten by ICICI Lombard, targeting Indian travellers’ exposure to visa denial risks.
  • The new cover reimburses non-recoverable travel and accommodation costs across leisure, MICE and corporate segments when visas are refused, bolstering Thomas Cook India’s customer-centric and risk-management focused market positioning.
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Thomas Cook India, SOTC unveil first-of-its-kind visa rejection cover

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Thomas Cook (India) Limited ( (IN:THOMASCOOK) ) has shared an update.

Thomas Cook (India) Limited and its group company SOTC Travel have launched a dedicated Trip Cancellation due to Visa Rejection Cover, underwritten by ICICI Lombard, in what they describe as a first-of-its-kind product in India’s travel and travel insurance space. The cover reimburses non‑recoverable advance payments for accommodation and travel, including official cancellation charges, when a non‑immigrant, non‑employment visa is rejected, and is offered across group and FIT tours, MICE and corporate travel, strengthening the group’s customer‑centric value proposition and reinforcing its positioning as an innovator in risk‑mitigated travel solutions.

More about Thomas Cook (India) Limited

Thomas Cook (India) Limited is a leading omnichannel travel company offering foreign exchange, corporate travel, MICE, leisure travel and value‑added services, operating prominent B2C and B2B brands such as Thomas Cook, SOTC, TCI, SITA and Sterling Holiday Resorts. Headquartered in the Asia‑Pacific region, the Thomas Cook India Group spans 28 countries across five continents and has won multiple industry awards for outbound travel, MICE operations, digital innovation and risk management.

Average Trading Volume: 83,181

Technical Sentiment Signal: Hold

Current Market Cap: 50.61B INR

For detailed information about THOMASCOOK stock, go to TipRanks’ Stock Analysis page.

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