Etiqa Insurance Singapore introduces pet insurance offering

Etiqa Insurance Singapore has launched a new pet insurance offering.

The new product will cover accidental and illness-related medical expenses and the company states that its Pawfect Plan has the highest coverage limit compared to other plans – up to S$15,000 for surgical illness cover and S$3,500 for non-surgical cover.

According to Etiqa, the number of pets in Singapore is increasing and the country had 114k pet dogs and 94k pet cats in 2023.

“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.” – Raymond Ong, CEO of Etiqa Insurance Singapore.