Great Eastern to supplement customers' insurance amidst COVID-19

Those that are hospitalised will receive a cash benefit of $200 per day up to 60 days.

Great Eastern has announced that it will be putting aside $1m to support its customers in Singapore who have been affected by the COVID-19 outbreak, according to a press release.

The support package will supplement the insurance coverage of customers’ existing policies.

Starting 14 February until the end of 2020, Great Eastern customers and their immediate family members who have been hospitalised, will receive a cash benefit of $200 per day of hospitalisation up to a maximum of 60 days.

Meanwhile, should an incident of death occur, a $20,000 lump sum will be paid out.

For its travel insurance customers, the company will be offering a full premium refund for those who have purchased policies from 6 February to 30 June 2020, should they decide to cancel their plans.

As part of its support efforts, the company will also be contributing $200,000 to the Courage Fund. The fund is facilitated by the National Council of Social Service (NCSS) and Community Chest as financial aid to COVID-19-affected Singaporeans.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!