by Fintech Information Singapore
January 31, 2024
Etiqa Insurance coverage 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 brand new coverage “Tiq Pet Insurance coverage” covers a spread of medical bills as a consequence of accidents, diseases, congenital, and hereditary situations. Moreover, the coverage additionally provides 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, offers protection as much as S$15,000 for surgical diseases and S$3,500 for non-surgical remedies. This plan additionally covers congenital and hereditary illnesses, topic to the availability of medical paperwork.
Different highlights of the Tiq Pet Insurance coverage embody the best surgical sum insured available in the market for illness-related remedies, complimentary protection for particular illnesses, and reductions for a number of pets and no-claim conditions. The plan additionally provides an extra S$500 protection for last bills on its highest tier.
Etiqa’s pet insurance coverage may be accessed by way of Tiq by Etiqa, their digital insurance coverage channel.
“Pets are esteemed members of our households. The evolving perspective in 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 occasions.
Etiqa Insurance coverage 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,”
mentioned Raymond Ong, CEO of Etiqa Insurance coverage Singapore.