, Singapore

Singapore extends coverage for COVID-19 vaccine complications

This is part of the industry’s support for the vaccination and booster drive.

The Life Insurance Association of Singapore (LIA Singapore) has announced that insurance cover of in-patient hospitalisation under Integrated Shield Plans (IP) for COVID-19 vaccination complications will be extended until 31 December 2022.

On the same basis as before, the extended coverage will apply to all IP policyholders who receive COVID-19 vaccines under the National Vaccination Programme as well as those approved by the World Health Organisation under its Emergency Use Listing Procedure (EUL) and administered in Singapore under the Special Access Route. This initiative reflects the life insurance industry’s continued support of the Government’s ongoing vaccination and booster immunisation programme.

The 12-month support given by all seven IP insurers was supposed to have ended on 31 December 2021.

“Life insurers remain committed to playing their part in the collective effort to bring COVID-19 under control by supporting the National Vaccination Programme. IP policyholders taking their vaccination and booster shots can rest assured that any related medical complications resulting in hospitalisation will be covered by their respective insurers,” LIA president Khor Hock Seng said.

The seven IP insurers in Singapore are AIA, AXA, Great Eastern Life, NTUC Income, Prudential Singapore, Raffles Health Insurance, and Singlife with Aviva.

Follow the links for more news on

Join Insurance Asia 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!

Exclusives

Indonesia enters era of digital insurance distribution
Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
Indonesia needs a little tech to boost insurance penetration
When compared to GDP, insurance penetration in Indonesia is 1.4%, which is low relative to ASEAN.
How Grandtag secures the bag for Asia’s richest
Grandtag Financial’s regional CEO spills how ‘jumbo life insurance’ attracts UHNWIs in Asia.