FINANCIAL SERVICES | Staff Reporter, Singapore

Singapore's IP insurers to cover COVID-19 vaccine complications

Coverage will be provided until end-December 2021.

The Life Insurance Association of Singapore (LIA) has announced that all seven Integrated Shield Plan (IP) insurers are extending coverage to COVID-19 vaccination complications that result in hospitalisation.

These insurers are AIA, Aviva, AXA, Great Eastern Life, NTUC Income, Prudential, and Raffles Health Insurance.

This will apply to all IP policyholders who will receive vaccines approved by the Health Sciences Authority (HSA) and are vaccinated in Singapore. The coverage will be provided until 31 December 2021.

Extensions in the coverage duration will be considered in the later part of 2021.

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