SOUQALMAL.COM – Arabic for money market – the leading comparison website of the Middle East offering consumers an interactive portal to obtain detailed information on a range of financial, telecoms and education products, has launched yet another new vertical – Travel insurance comparison. The comparison of the different travel insurance products in the region comes at the right time as residents start making their bookings for the travel season. “We are delighted to launch the comparison of travel insurance in all the three countries in which we are present – UAE, Saudi Arabia and Kuwait. As summer is approaching, it is critical that residents think about their insurance while they are abroad. Many of our users would be using the service for visa purposes as well,” said Paula Wehbeh, co-founder and COO of Souqalmal.com. “We have gathered a lot of feedback from our users and we could see quite a high demand from users who wanted to understand what to look for before buying travel insurance,” she added. The website helps users understand the different features of a travel insurance product and empowers them to make the right choice. Souqalmal.com allows the users to compare different features such as area of cover, delayed departure cover, Baggage delay cover, Baggage loss cover, Medical expenses, Medical transportation amongst others. In the UAE, users can even request for a quote online with a turnaround time of 24 hours. “Many of us don't really know what the real value of travel insurance is until we need it. There are many options to choose from with over 65 different products available across the KSA, UAE and Kuwait” Wehbeh added. Souqalmal.com was first launched officially in May 2012 and aims to be the region's leading comparison website for financial products. – SG