Provided by RACE insurance, the initiative applies to all international visitors staying at any regulated accommodation across the islands.
The policy covers medical, surgical and hospitalisation expenses caused by Covid-19 with a maximum limit of €15,000, medical expenses for transportation and repatriation, as well as the costs of extending a stay for the policyholder and their companions.
It also covers costs resulting from the policyholder’s stay being prolonged due to self-isolation or quarantine because of Covid.
A spokesperson for AETIB said: "The extension of the policy aims to restore traveller confidence and stimulate demand, especially targeting families during October half-term."