SINGAPORE, July 25, 2024 — In celebration of Singapore’s 59th National Day, AIA Singapore has unveiled a generous offer of six months of complimentary holistic insurance coverage. This initiative includes critical illness and mortality protection, as well as free teleconsultations with WhiteCoat. Available to all Singaporean residents, this offer is limited to the first 15,000 sign-ups starting August 5, 2024.
AIA Singapore’s move addresses significant protection gaps in the nation, where there is a 74% shortfall in critical illness coverage and an 80% gap in mortality protection. The initiative aims to enhance Singaporeans’ access to financial security during critical moments and improve their insurance literacy, encouraging proactive management of their insurance needs.
Irma Hadikusuma, Chief Marketing and Proposition Officer at AIA Singapore, emphasized the company’s dedication to bridging these protection gaps. “Following the success of our flagship protection products such as AIA Guaranteed Protect Plus (IV), AIA Pro Lifetime Protector (II), and AIA Ultimate Critical Cover, this initiative reflects our ongoing commitment to enhancing the holistic well-being of our community,” Hadikusuma said. She added that AIA Singapore is committed to helping Singaporeans lead “Healthier, Longer, Better Lives.”
The complimentary insurance coverage includes:
- Critical Illness Coverage: S$10,000 for 37 critical illnesses
- Death Due to Sickness: S$10,000
- Accidental Death: S$20,000
- Teleconsultation: Up to 2 visits via WhiteCoat, excluding medication and delivery costs
The initiative also integrates with AIA Health360, which focuses on four pillars: Plan Well, Protect Well, Be Well, and Live Well. This comprehensive approach offers financial planning tools and digital resources, including AIA+ and AIA Plan360, designed to meet health, wealth, and lifestyle protection needs.
AIA Singapore’s recent study revealed that one in four respondents knew of a family member suffering from cancer who lacked a critical illness plan, underscoring the urgent need for adequate protection during such challenging times.
Applications for the complimentary coverage open on August 5 and close on August 31, 2024. Interested individuals can apply online, speak with an AIA insurance representative, or sign up via the AIA+ app. Existing customers who sign up through the AIA+ app will also receive a complimentary Godiva soft serve ice cream.
For more details on the offer, visit AIA Singapore’s website or contact an AIA insurance representative.
