NTUC Income adds Covid-19 cover to travel policies
Singapore-based insurer NTUC Income (Income) has added Covid-19 coverage for overseas medical expenses
As border restrictions in Singapore and other parts of the world are gradually lifting, Income decided to enhance its travel insurance offerings. With this enhancement, Income will protect travellers covered by its single-trip travel insurance for 90 days for Covid-19-related hospitalisation expenses of up to US$100,000 while overseas, as well as costs incurred for medical evacuation or repatriation of up to US$100,000. These Covid-19 benefits are automatically included in single-trip plans purchased from 26 November, including plans that cover for pre-existing conditions.
However, the benefits will be excluded from travel insurance for trips to countries that the World Health Organization deems as high-risk for Covid-19 at the point of purchase.
Greater peace of mind for travellers
Fabian Ng, Income’s General Manager for Consumer Business, said: “While overseas travel in general continues to be restricted, we understand that there are some who will need to travel for necessary business-related and other essential matters. As such, we have added new benefits to our travel insurance plans to cover for Covid-19-related medical emergencies so that our customers can travel with greater peace of mind when the need arises.
“Nevertheless, we urge everyone to take all necessary precautions when planning your travels as there are countries that are seeing a resurgence in Covid-19 cases or are still experiencing high number of infections.”
This is just the latest of a lot of insurers adding Covid-19 to their travel policies, including airlines and resorts.