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:
- 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.
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 Coverage | |
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 | S$1,000 |
Non-Hospitalisation benefit A lump sum benefit will be paid out if the Insured Person is diagnosed
| S$50 |
Death benefit A lump sum benefit shall be paid upon death of the Insured Person due
| S$10,000 |
List
of 21 Infectious Diseases:
For more
details of the #ShareTheLove campaign, please visit: www.aia.com.sg/ShareTheLove or
[1] Please refer
to the full terms and conditions on the AIA #ShareTheLove with the essential
workforce social initiative via
[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.
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.
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