FINANCIAL SERVICES | Staff Reporter, Singapore

NTUC Income amps up travel insurance offering

It will grant COVID-19 coverage for overseas travel.

NTUC Income is boosting its travel insurance offering in conjunction with the gradual lifting of the country’s border restrictions, a statement read.

The insurer will grant travellers covered by its single trip travel insurance for 90 days for COVID-related hospitalisation expenses of up to $134,000 whilst overseas, as well as costs incurred for medical evacuation or repatriation of up to the same amount if necessary.

These benefits are automatically included in single trip plans purchased from 26 November, including plans that cover for pre-existing conditions, and for travel dates starting from the same date.

However, these benefits will be excluded from travel insurance for trips to countries that the World Health Organisation deems as high-risk for COVID-19 at the point of purchase.

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.