Personal Finance
The Ultimate Guide: Free COVID-19 Coronavirus Insurance Coverage
By Seedly  •  February 27, 2020
FREE COVID-19 Coronavirus Relief Insurance Coverage

The Singapore Government will be footing the public hospital bills incurred by COVID-19 Coronavirus patients which is why Singapore is one of the most effective countries in containing the virus.

Through COVID-19 Coronavirus, we see Singapore unite as one to try and win this “war” together.

This is the same for some of the insurance companies and financial institutes.

Source: Timeout

On February 11, the General Insurance Association of Singapore (GIA) and Life Insurance Association (LIA) announced that policyholders with Integrated Shield Plans (IPs) and riders from insurers will get to enjoy coverage for hospitalisation expenses related to COVID-19.

On top of that, insurance companies and banks are stepping up to provide their policyholders with free benefits should they be diagnosed with the virus.

Free/ Complimentary Insurance Coverage and Benefits By Insurers  AIAAXAChina TaipingChina LifeDBS/POSB
(in partnership with Chubb)Etiqa and MaybankGreat EasternHSBC...
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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