Friday, 26 April 2024

AIA Singapore offers free COVID-19 coverage for its 1.4 million customers, employees and tied representatives

AIA Singapore announced that all existing 1.4 million eligible customers, its employees and tied representatives will automatically benefit from this free additional coverage as part of the insurer’s proactive efforts to protect individuals against the ongoing threat posed by the Coronavirus Disease 2019 (COVID-19). New customers whose policies are issued between 17 February – 31 July 2020 will also automatically benefit from the COVID-19 coverage.

This is specifically to ensure its customers, employees and tied representatives are protected amidst the existing public health threat which reaffirms AIA’s promise of helping all Singaporeans live healthier, longer, better lives.

The additional COVID-19 coverage will benefit its stakeholders until 31 December 2020; or 30 days after the Disease Outbreak Response System Condition' (DORSCON) level has officially stepped down to green - whichever is earlier

The coverage is as follows:

Benefits type

Coverage amount

Hospitalisation Income Benefit

- If hospitalisation is required due to COVID-19

S$1,000
(Lump-sum payment)

Death Benefit

- If death results from the COVID-19

“The wellbeing of our customers, employees and tied representatives are important to AIA Singapore. We are committed to journeying with them, protecting them through good and bad times as well as ensuring they have peace of mind when they most need it.

This coverage is one of our ways of upholding our brand promise, helping and supporting our stakeholders in times of need. They can also be assured that we have a dedicated team who would provide their utmost attention in the event that they are diagnosed with COVID-19. I believe that as one community, we will combat and overcome this difficult situation collectively. Please remain safe and take the necessary precautions as we navigate this challenging time together,” said Mr Patrick Teow, Chief Executive Officer, AIA Singapore.

Re-disseminated by The Asian Banker

Diary of Activities
Finance Vietnam 2024
18 July 2024
Finance Thailand 2024
25 July 2024