Allianze, the world’s biggest insurance company, is considering paying for the security of its US citizens against travel to dangerous places around the world.
The Swiss insurance company said on Thursday it is looking into the possibility of paying for US citizens to travel to destinations where there is a high risk of terrorism.
In a statement to The Wall Street Journal, Allianzo said it is exploring the idea of providing security for US travelers in such a way that it would cover their travel.
“We want to make sure that our US clients do not have to make travel arrangements to places where there are a high number of potential terrorists, such as Afghanistan, Somalia, Iraq, Syria, and North Korea,” it said.
Allianz, which said it has more than 20 million US customers, said the policy would cover any trip to places “where there is no way to protect ourselves or our families”.
Allianza said it does not provide travel insurance to US citizens because it does “not think it is appropriate” to do so.
“There are very few countries in the world that are so close to the United States as North Korea.
It is not in their interests to offer travel insurance for this reason,” the company said.
The company’s policy is similar to that of other major insurance companies such as US Travelers and Life Insurers.