The insurance can be bought before or on arrival, and is available for people between the age of three and 70. ChangiAssure offers up to S$100,000 of hospitalisation cover in the event the insured is infected with Covid-19 while staying in Singapore.
According to The Business Times, the launch of the policy comes at a time when Singapore relaxed restrictions to allow essential and business travel. Singapore has travel corridor arrangements with China, Brunei, Japan, South Korea and Malaysia for essential business and official purposes. General travel is also allowed for visitors from Australia, Brunei, New Zealand and Vietnam, if they apply for an air travel pass.
Basic and superior plans
The insurance is offered in two tiers. The basic plan provides up to $8,000 of coverage for hospitalisation or expenses at a quarantine facility, while the superior plan offers up to $100,000 of coverage for the same purpose. Additionally, it also provides up to $100,000 of coverage for accidental hospitalisation expenses unrelated to Covid-19, as well as up to $200,000 for death and disability in Singapore. The plan also covers travel inconveniences in Singapore such as loss of baggage and personal effects, travel delays and trip curtailment.
Quotes provided by the website price a basic plan for a three-week visit to Singapore at about $75, and the superior plan costs about $331.50. Claims for the policy can be submitted online or at physical counters at Singapore's Changi Airport.
The insurance could come at the right time for people travelling to Singapore, and offer incentive to people who feel unsure about travelling at this time. More and more insurers are adapting and offering cover for Covid-19 now, with Allied Insurance’s cover for the Maldives being one of the latest additions.