SINGAPORE – Media OutReach – 19 May possibly 2021 – As Singapore proceeds to roll out its COVID-19 vaccination programme in its steady attempts to include the virus with hopes of gradual return to normalcy, Etiqa Insurance plan Pte. Ltd. (“Etiqa Insurance policies Singapore”) extends its Economical Help Gain for facet outcomes of COVID-19 vaccine to all current and new unique buyers of Maybank Singapore. Software is not expected and protection is free of charge.
Maybank Singapore Limited’s client banking shoppers will receive a Hospitalisation Profit of up to S$1,000 about a utmost of 10 days, and an Intensive Treatment Unit Benefit of up to S$1,000 more than a greatest of 5 days if they practical experience any COVID-19 vaccination facet consequences.
The current COVID-19 Economic Support Gain and vaccination side effects protection at this time safeguard Etiqa’s suitable clients1 towards the virus and any unpredicted outcomes from vaccinations of any COVID-19 vaccine which is authorised for use in Singapore by the Health and fitness Sciences Authority (HSA) and administered in Singapore.
The complimentary coverage is now prolonged to Maybank clients with an unique account in Singapore. New shoppers are defined as those who are keeping account(s) with Maybank Singapore Minimal for at the very least three months.
Mr Raymond Ong, Main Govt Officer of Etiqa Insurance plan Singapore mentioned, “The well being and very well-staying of our people today and buyers keep on being a precedence for us. To aid the progressive reopening of Singapore and everybody to vaccinate with self confidence, we hope that this additional layer of protection delivers assurance and larger peace of intellect for buyers of the two Etiqa and Maybank Singapore even though they acquire energetic measures to safeguard by themselves and their loved types.”
Dr John Lee, Region CEO and CEO of Maybank Singapore adds, “We stand in solidarity with our shoppers and assist the vaccination programme rolled out by the Singapore Federal government. The impression of Covid-19 pandemic is extensive long lasting and we try to defend the well-becoming of our customers by delivering them with Etiqa’s complimentary Monetary Aid Profit. This go is 1 of the methods we humanise money services to care for our shoppers. Considering that last yr, we have also provided deferred loan repayment scheme to aid relieve customers’ financial burden.”
For a lot more info, be sure to go to www.etiqa.com.sg/covid19-aid.
1 The COVID-19 Monetary Aid Reward is eligible to all current and new Insured Human being(s) of life safety and insurance discounts strategies underwritten by Etiqa Insurance plan Pte. Ltd.. For comprehensive terms and disorders, remember to take a look at www.etiqa.com.sg/financial-help-benefit-lifestyle.
The Economic Aid Reward for aspect effects of COVID-19 Vaccine is suitable to all current and new specific prospects of Maybank Singapore Restricted, all present and new Daily life certain of lifestyle safety and insurance policies discounts programs and all present and new Insured of picked particular lines insurance policies procedures underwritten by Etiqa Insurance Pte. Ltd. For complete conditions and disorders, you should take a look at www.etiqa.com.sg/covid19-updates/vaccine-added benefits/.
Conditions and disorders use. Guarded up to specified limitations by SDIC. Etiqa Singapore reserves the discretion to make amendments to the advantages and its validity at any time.
About Maybank Singapore
Maybank is among Asia’s top banking groups and South East Asia’s fourth most significant financial institution by property. Maybank Group has an intercontinental community of much more than 2,600 retail branches in 18 nations around the world like all 10 ASEAN countries, with above 42,000 personnel serving clients worldwide. Maybank Singapore is just one of the Group’s largest overseas functions and a Qualifying Entire Financial institution in Singapore. As at 31 December 2020, the bank’s net asset size in Singapore was about S$81.5 billion. With strategically found banking branches and around 2,000 staff in Singapore, Maybank is nicely-positioned to offer very personalised expert services and regionally-oriented solutions that will deliver a lot more worth to buyers. For a lot more information and facts, please go to maybank2u.com.sg.
About Etiqa Insurance policies Pte. Ltd. (Etiqa Singapore)
Preserving prospects considering the fact that 1961, Etiqa Singapore is a licensed lifestyle and general insurance policy enterprise regulated by the Financial Authority of Singapore (MAS) and governed by the Insurance coverage Act.
The area insurer is the Singapore working entity of Etiqa Insurance Group – a leading insurance policy and takaful organization in ASEAN featuring lifetime and basic insurance coverage as effectively as relatives and general takaful solutions by its agents, branches, workplaces and bancassurance network in the location. Etiqa is rated ‘A’ by credit rating rankings company Fitch for the group’s ‘Favorable’ company profile and ‘Very Strong’ capitalisation.
Etiqa is owned by Maybank Ageas Holdings Berhad, a joint enterprise firm that combines area market information with intercontinental insurance expertise. The firm is 69% owned by Maybank, the fourth greatest banking group in Southeast Asia, and 31% by Ageas, an international insurance coverage group with footprints across 16 nations and a heritage that spans in excess of 190 years.