by Fintech News Singapore
January 31, 2024
Etiqa Insurance Singapore has unveiled a brand new pet insurance coverage coverage in response to the rising variety of pets and the corresponding rise in veterinary prices within the island-state.
The new coverage “Tiq Pet Insurance” covers a variety of medical bills attributable to accidents, sicknesses, congenital, and hereditary circumstances. Additionally, the coverage additionally presents no-claim reductions and is tailor-made to fulfill the distinctive wants of various pets.
The Pawfect Plan, part of Etiqa’s pet insurance coverage choices, supplies protection as much as S$15,000 for surgical sicknesses and S$3,500 for non-surgical remedies. This plan additionally covers congenital and hereditary illnesses, topic to the availability of medical paperwork.
Other highlights of the Tiq Pet Insurance embody the best surgical sum insured out there for illness-related remedies, complimentary protection for particular illnesses, and reductions for a number of pets and no-claim conditions. The plan additionally presents a further S$500 protection for closing bills on its highest tier.
Etiqa’s pet insurance coverage may be accessed through Tiq by Etiqa, their digital insurance coverage channel.
“Pets are esteemed members of our households. The evolving perspective in the direction of pets in Singapore, coupled with escalating pet care prices, necessitates ample protection to make sure monetary stability and peace of thoughts throughout difficult instances.
Etiqa Insurance Singapore bridges this hole by providing accessible protection at an reasonably priced worth level, enabling Singaporeans to cherish longer, more healthy lives with their beloved pets,”
stated Raymond Ong, CEO of Etiqa Insurance Singapore.