AIA Singapore pays tribute to essential workers\, providing them with free protection\, AIA #ShareTheLove Insurance plan\, against infectious diseases including COVID-19 and dengue fever

AIA Singapore pays tribute to essential workers, providing them with free protection, AIA #ShareTheLove Insurance plan, against infectious diseases including COVID-19 and dengue fever

Posted by: Devki Yadav 2 hours ago Comments Off on AIA Singapore pays tribute to essential workers, providing them with free protection, AIA #ShareTheLove Insurance plan, against infectious diseases including COVID-19 and dengue fever

The special coverage is part of the insurer’s regional #ShareTheLove movement to give back to the community – by protecting what matters most, and enabling healthier, longer, better lives for generations to come

 

SINGAPORE - Media OutReach - 9 September 2020 - AIA Singapore today announced that they will be offering complimentary AIA #ShareTheLove Insurance plans[1] covering COVID-19 and 21 infectious diseases (including dengue fever) for the essential workforce.


The initiative will rally together members of the community to protect this vulnerable group. Starting today, members of the public may nominate a family member or friend[2] who is an essential worker via Facebook or Instagram. Both parties in the selected stories (individuals who submitted the story and their nominees) will be provided with the free AIA #ShareTheLove Insurance, which covers infectious diseases, including COVID-19 and dengue fever, paying tribute to their service by protecting what matters.


"These workers have put the communities' needs above their own health and wellbeing. Aside from COVID-19, the exposure to infectious diseases is not over even after ending their work, as dengue cases continue to plague homes. By engaging the help of the community at large, we hope to play a part in bringing more of these amazing stories of resilience to light and paying tribute to our essential workforce. This is a little gesture of appreciation for the sacrifices that they have and continue to make as we deal with this crisis," said Ms Melita Teo, Chief Customer and Digital Officer, AIA Singapore.


This activity is part of a regional AIA #ShareTheLove movement taking place across Asia. It is during these challenging times that we realise the positive impact that love can bring. Be it for ourselves, our family, or the community, a little sharing of love goes a long way. In Singapore, besides offering 2,000 complimentary AIA #ShareTheLove Insurance plans as part of its efforts of paying tribute to essential workers, AIA Singapore will also be raising funds for AIA Singapore's two adopted charities, Children's Wishing Well and the VIVA Foundation.


AIA Singapore has long played an important role in progressing education, wellness and enrichment programmes for children and youths from its adopted charity, Children's Wishing Well, supporting the cause for the third year. With corporate social responsibility continuing to be a key priority, even amidst a crisis, the life insurer today also announced an expansion of its giving commitment by partnering with a new beneficiary, the VIVA Foundation, to do more to urgently narrow Singapore's protection gap by raising funds for paediatric cancer research.


More details on the #ShareTheLove campaign as follows:


These initiatives are just one of many that AIA Singapore has introduced during the COVID-19 pandemic to support individuals and families in need. Other support programmes include:


Note to editor:


How to submit your story and #ShareTheLove with the essential workforce:

 

 

Benefits of the free AIA #ShareTheLove Insurance plan[8] as follows:


AIA #ShareTheLove Insurance

Coverage duration: From inception date to 30 April 2021

Benefits

 

Coverage amount

(Lump-sum payout)

Hospitalisation Income Benefit

A lump sum benefit will be paid out if the Insured Person is diagnosed and hospitalised in Singapore for a minimum of 3 days due to any of the covered 21 infectious diseases or COVID-19.

S$1,000

Non-Hospitalisation benefit

A lump sum benefit will be paid out if the Insured Person is diagnosed in Singapore with any of the covered 21 infectious diseases after 14 days of policy inception.

S$50

Death benefit

A lump sum benefit shall be paid upon death of the Insured Person due to any of the covered 21 infectious diseases or COVID-19 in Singapore.

S$10,000

 

List of 21 Infectious Diseases:


For more details of the #ShareTheLove campaign, please visit: www.aia.com.sg/ShareTheLove or AIA Singapore Facebook.



[1] Please refer to the full terms and conditions on the AIA #ShareTheLove with the essential workforce social initiative via AIA Singapore's Facebook.

[2] Must be Singapore Resident with a valid NRIC or FIN and aged between 18 and 65 (age last birthday) at the time when he or she is first covered under this AIA #ShareTheLove Insurance.

[3] Please refer to the terms and conditions of the AIA #ShareTheLove Campaign 2020 at www.aia.com.sg/ShareTheLove.

[4] Subject to applicable terms and conditions.

[5] The free COVID-19 coverage will be provided up until 31 December 2020 or 30 days after the Disease Outbreak Response System Condition (DORSCON) level has gone down to green, whichever is earlier.

[6] Eligible for corporate customers with a general practitioner outpatient plan.

[7]Must be Singapore Residents (with a valid NRIC / FIN) and aged between 18 and 65 (age as at last birthday) when he or she applies for the free AIA #ShareTheLove Insurance policy.

[8] Please refer to the AIA #ShareTheLove Insurance policy contract for the full terms and conditions.


About AIA

AIA Group Limited and its subsidiaries (collectively "AIA" or the "Group") comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets in Asia-Pacific -- wholly-owned branches and subsidiaries in Mainland China, Hong Kong SAR(1), Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia, Myanmar, the Philippines, South Korea, Taiwan (China), Vietnam, Brunei, Macau SAR(2), New Zealand, a 99 per cent subsidiary in Sri Lanka, and a 49 per cent joint venture in India.


The business that is now AIA was first established in Shanghai more than a century ago in 1919. It is a market leader in the Asia-Pacific region (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$291 billion as of 30 June 2020.


AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia-Pacific, AIA serves the holders of more than 36 million individual policies and over 16 million participating members of group insurance schemes.


AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code "1299" with American Depositary Receipts (Level 1) traded on the over-the-counter market (ticker symbol: "AAGIY").

 

Notes:

1.     Hong Kong SAR refers to Hong Kong Special Administrative Region.

2.     Macau SAR refers to Macau Special Administrative Region.