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:

• AIA Representatives are pledging their support
  by donating a portion of their policy sales during this period towards AIA
  Singapore’s adopted charities, as part of their continuous efforts to do their
  part for the community.
• All donations made will be matched by AIA
  Singapore.
• To do good while also providing additional
  assurance for customers in times of uncertainties over jobs security, selected
  AIA policies sold during this period will enjoy[3]:

- Free AIA Retrenchment Cover —
automatic 12-month cover that waives premiums for eligible plans and its
attaching premium-paying riders for 12 months upon involuntarily retrenchment.

- Discount of up to 25% on the
first year’s premiums.

- 2 Free AIA #ShareTheLove Insurance plans — covering COVID-19
and 21 infectious diseases (including dengue fever) till 30 April 2021. One for
yourself and another to share with someone!

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:

• Providing free COVID-19
  coverage for 2.6 million existing eligible individual
  customers, corporate members, employees and AIA Representatives[4]. The free coverage will
  also be extended to new AIA customers[5].
• Giving corporate customers[6]
  access to free teleconsultation services via WhiteCoat, an
  on-demand telemedicine provider, thus allowing individuals who require
  professional medical advice to engage WhiteCoat’s Singapore-registered doctors
  from the comfort of their own home. AIA Singapore also covered the costs of
  50,000 teleconsultations for all policyholders of AIA HealthShield Gold Max — a
  MediSave-approved Integrated Shield Plan (IP).
• Offering customers instalment plans to pay
  their premiums via our AIA COVID-19 Support
  Programme, for individuals and industries (corporate
  customers) badly impacted by COVID-19.
• Introducing $1,000 work
  from home assistance scheme to cushion the impact
  of COVID-19 and provide support to all permanent and contract employees whilst
  telecommuting.
• Creating a Resilience Booster Challenge and
  Solidarity Rewards Challenge to provide extra incentives and to reward
  AIA’s agency force who continue to service the financial needs of fellow
  Singaporeans during this trying period; additional relief support has also been
  provided for selected AIA Representatives who are facing financial challenges.

Note
to editor:

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

 

• Dedicate a social media photo or video post
  to a friend or family member[7](nominee)
  who is working in one of the essential/ permitted services (https://covid.gobusiness.gov.sg/guides/permittedserviceslist2.pdf listed on https://covid.gobusiness.gov.sg/permittedlist/) on your Facebook or Instagram pages;
• Include a message of appreciation in at
  least 100 words to your nominee by telling us his/her story of resilience
  and why you think that insurance is the best gift for him/her in your
  photo post caption or video sharing;
• Tag @aiasingapore (Instagram)/
  @singapore.aia (Facebook) and your nominee in the post;
• Include the hashtags #ShareTheLove and
  #AIASG; and
• Ensure that your social media profile or
  post is set to Public.

 

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:

• Hand, foot and mouth disease (HFMD)
• Dengue fever (DHF)
• Avian influenza or
  ‘bird flu’ due to influenza A viral strains H5N1, H9N2, H7N7, H7N9, or H1N1
• Mumps
• Rubella
• Tuberculosis
• Measles
• Malaria
• Anthrax infection
• Yellow fever
• Plague
• Melioidosis or ‘soil disease’
• Rabies
• Legionnaires’ disease
• Chikungunya
• Nipah viral encephalitis
• Japanese viral encephalitis
• Variant Creutzfeldt-Jakob disease (vCJD) or ‘mad cow
  disease’
• Severe acute respiratory syndrome (SARS)
• Middle east respiratory syndrome coronavirus
  (MERS-CoV)
• Zika virus

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

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.