SINGAPORE, 4 August 2022 – Etiqa Singapore, a leading insurer, today announces its partnership with the National Association of Travel Agents Singapore (NATAS) as its official travel insurer, tasked to protect customers from unexpected disruptions to their travel plans.
With international air travel returning to pre-pandemic levels, passenger volumes have been increasing. In Singapore alone, more than 5,000 passports are issued per day, almost thrice the number issued during pre-Covid times in 2019.[1]
“Pent-up demand resulting from the Covid-19 pandemic is fuelling the travelling revival, and this is likely to continue with the easing of more border restrictions. Amongst the surge of holidaymakers are those hoping to travel with little fuss, and these travellers are turning to travel packages to get their vacations sorted out. To this end, Etiqa Singapore is proud to support our partnering travel agencies with the right insurance plans to best protect their customers,” said Raymond Ong, Chief Executive Officer, Etiqa Singapore.
In anticipation of the show’s strong turnout, Etiqa Singapore has planned a host of attractive promotions to delight visitors, including great discounts on travel insurance plans, attractive free gifts, and an exciting opportunity to win a cruise trip for 4 with Royal Caribbean Cruise. Additionally, consumers who purchase an Etiqa Travel Insurance plan at the show will double their chances of winning at the Grand Draw.[2]
Etiqa Singapore protects you with additional COVID-19 coverage
As Covid-19 numbers continue to rise worldwide, Etiqa Singapore’s optional add-on coverage gives flexibility and peace of mind to better protect travellers during their overseas vacations.
Called Travel Infinite, this add-on offers comprehensive protection to the traveller in the event of a COVID-19 diagnosis – before, during, and after the trip:
- Before – Covers up to S$5,000 on non-refundable costs for cancellation or postponement of trip 14 days before the departure date.
- During – Covers up to $600,000 for emergency medical evacuation & repatriation, medical expenses, quarantine allowance and additional cost incurred for disruptions to the trip.
- After – Get a lump sum pay-out if the traveller is hospitalised, quarantined, or confined to home recovery in Singapore.
Visitors to NATAS Holidays 2022 are invited to Etiqa Singapore Booth 5H33 to learn more about the Travel Infinite travel insurance, as well as to participate in the exciting line-up of promotions. They can head down to Expo Hall 5 Booth 5H33, from 12 to 14 August 2022.
[2] Full list of prizes available at the NATAS Grand Draw
About Etiqa Insurance Pte. Ltd. (Etiqa Singapore)
Protecting customers since 1961, Etiqa Singapore is a licensed life and general insurance company regulated by the Monetary Authority of Singapore (MAS) and governed by the Insurance Act. The local insurer is the Singapore operating entity of Etiqa Insurance Group – a leading insurance and takaful business in ASEAN offering life and general insurance and family and general takaful products through its agents, branches, offices, and bancassurance network in the region. Etiqa is rated ‘A’ by credit rating agency Fitch for the group’s ‘Favorable’ business profile and ‘Very Strong’ capitalisation.
Etiqa is owned by Maybank Ageas Holdings Berhad, a joint venture company that combines local market knowledge with international insurance expertise. The company is 69% owned by Maybank, the fourth largest banking group in Southeast Asia, and 31% by Ageas, an international insurance group with footprints across 16 countries and a heritage that spans over 190 years.
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