Singaporean insurer to cover coronavirus
Tokio Marine Life Insurance Singapore (TMLS) has launched #goCare to demonstrate its continued commitment to support and care for our policyholders in the fight against the coronavirus. Policyholders with in-force individual life policies can obtain a lump sum of $5,000 financial assistance to tide over challenging times; should they contract the novel coronavirus infection.
“Life is filled with uncertainties and we may be caught off-guard especially during unexpected crises. Due to the unpredictable pandemic situation, TMLS undertakes swift action in planning ahead and caring for our customers by offering financial assistance to our customers impacted by this viral outbreak. With this financial relief, they can have the peace of mind to seek medical treatment and recover well without unnecessary financial stress to the family.” – Christopher Teo, CEO, TMLS.
In addition, for every sale closed through its Tied Agency Channel from February 1 to April 30, 2020, the insurer will pledge a $10 donation. The funds raised will be donated to the International Red Cross and used in the purchase of medical necessities and food supplies for beneficiaries in Wuhan.
Eligibility:
- Open to ALL Policyholders/ Life Assureds of in-force TMLS individual life policies.
- Limited to the first 50 submissions for financial assistance by April 30, 2020.
- Proof of medical certification from Singapore hospitals specifying the diagnosis of novel coronavirus infection (2019-nCoV).
