Etiqa’s latest pet insurance coverage providing supplies the best protection for surgical sum domestically insured.
SINGAPORE – Media OutReach Newswire – 31 January 2024 – Etiqa Insurance Singapore, a outstanding supplier of each normal and life insurance coverage, at present launched a brand new pet insurance coverage coverage designed to help pet homeowners in safeguarding their cherished furry companions, offering an unprecedented stage of safety in opposition to unexpected circumstances.
The burgeoning pattern of pet possession has witnessed a outstanding enhance, with Singapore’s canine inhabitants risen 3 per cent from 2019 to achieve 114,000 pet dogs in 2023, whereas the pet cat inhabitants skilled a considerable 10 per cent surge to 94,000 in the identical 12 months. Correspondingly, the prices related to veterinary companies, sicknesses, and well being circumstances have created a burgeoning safety hole, demanding complete options for pet homeowners.
Recognising this rising want, Etiqa Insurance Singapore has launched an accessible and reasonably priced pet insurance coverage resolution. This complete plan gives important protection encompassing unintended and illness-related medical bills, congenital and hereditary circumstances, alongside no-claim reductions, offering pet homeowners with safety in instances of surprising medical circumstances.
“Pets are esteemed members of our families. The evolving perspective towards pets in Singapore, coupled with escalating pet care costs, necessitates adequate coverage to ensure financial stability and peace of mind during challenging times. Etiqa Insurance Singapore bridges this gap by offering accessible coverage at an affordable price point, enabling Singaporeans to cherish longer, healthier lives with their beloved pets,” stated Raymond Ong, CEO of Etiqa Insurance Singapore.
Comprehensive Protection Tailored for Furry Companions
Etiqa’s Pet Insurance various plan sorts are customised to swimsuit the distinctive wants of pets. The Pawfect Plan ensures protection with a market-leading sum insured of as much as S$15,000 for surgical sickness cowl and S$3,500 for non-surgical cowl. This plan encompasses congenital and hereditary ailments[1], surgical therapies, unintended damage claims, and extra.
Key Features of Tiq Pet Insurance embody:
- Highest surgical sum attributable to sickness insured in market (S$15,000 on highest plan)
- Complimentary protection of congenital and hereditary ailments with the availability of medical paperwork upon buy
- No Claims Discount of as much as 20%
- Multi-pet Discount of as much as 10%
- Additional S$500 insured for closing bills profit (primarily based on highest plan)
Etiqa’s Pet Insurance is instantly accessible on Tiq by Etiqa, the digital insurance coverage channel offered by Etiqa Insurance Singapore at https://tiq.com.sg/product/pet-insurance/. Information is correct as of 30 Jan 2024.Hashtag: #etiqa #etiqainsurancesingapore #petinsurance #pet #insurance coverage
The issuer is solely chargeable for the content material of this announcement.
About Etiqa Insurance Pte. Ltd. (Etiqa Insurance Singapore)
Protecting prospects since 1961, Etiqa Insurance Singapore is a licensed life and normal insurance coverage firm regulated by the Monetary Authority of Singapore (MAS) and ruled by the Insurance Act. The native insurer is the Singapore working entity of Etiqa Insurance Group – a number one insurance coverage and takaful business in ASEAN providing life and normal insurance coverage and household and normal takaful merchandise by its brokers, branches, places of work and bancassurance community within the area. Etiqa is rated ‘A’ by credit standing company Fitch for the group’s ‘Favorable’ business profile and ‘Very Strong’ capitalisation.
Etiqa is owned by Maybank Ageas Holdings Berhad, a three way partnership firm that mixes native market data with worldwide insurance coverage experience. The firm is 69% owned by Maybank, the fourth largest banking group in Southeast Asia, and 31% by Ageas, a world insurance coverage group with footprints throughout 16 international locations and a heritage that spans over 190 years. #etiqa #etiqainsurancesingapore #petinsurance #pet #insurance coverage
