Homegrown digital-first insurer Singlife right now introduced the roll-out of two revised insurance policy: Singlife Elite Time period II and Singlife Most cancers Cowl Plus II, geared toward enhancing the monetary stability and peace of thoughts for the Singaporean populace.
This initiative goals to deal with the altering safety wants and fills the gaps in protection that many Singaporeans face. Reflecting on the findings from Singlife’s 2023 Monetary Freedom Index examine, it was revealed that a good portion of people in Singapore specific issues over their skill to cowl hospital payments and assist dependents financially throughout unexpected occasions.
The Singlife Elite Time period II, launching on 14 March, 2024, seeks to alleviate such issues by providing plans that’s each versatile and complete. This plan contains numerous protection phrases and add-on riders, resembling complete and everlasting incapacity and demanding sickness cowl, guaranteeing that policyholders can really feel safe about their household’s monetary future.
Stanz Tan
Stanz Tan, Head of Life Merchandise at Singlife, highlighted the corporate’s strategy in the direction of adapting to the evolving wants of its prospects, saying,
“As Singapore’s inhabitants ages, our enhanced plans are tailor-made to cater to particular person wants, offering sturdy safety and assuaging the monetary pressure on themselves and their households.”
Moreover, the introduction of Singlife Most cancers Cowl Plus II marks a major step in the direction of addressing the most cancers safety hole. This plan, out there from the 14t March, 2024, will provide complete protection for outpatient most cancers remedies, together with superior and normal therapies, each regionally and overseas, with protection as much as S$1.5 million per coverage yr.
In collaboration with IHH Healthcare Singapore, Singlife will provide a complimentary most cancers screening package deal to the primary 50 eligible policyholders of this new plan, underlining the significance of accessible healthcare.
Featured picture credit score: Edited from Freepik
