NTUC Income enhances travel insurance cover to include COVID-19 for overseas travel

1 December 2020

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Customers who purchase travel insurance from ICMIF member NTUC Income (Income, Singapore) will now enjoy COVID-19 coverage for medical-related expenses while overseas following the announcement last week from Income that it is enhancing its travel insurance offerings in response to the gradual lifting of border restrictions in Singapore and other parts of the world.

With this enhancement, Income says it will protect travellers covered by its single trip travel insurance for 90 days for COVID-19 related hospitalisation expenses of up to US100,000 while overseas, as well as, costs incurred for medical evacuation or repatriation of up to US100,000, if it becomes necessary. These COVID-19 benefits are automatically included in single trip plans purchased from 26 November 2020, including plans that cover for pre-existing conditions, and for travel dates starting from that date also.

However, these COVID-19 benefits will be excluded from travel insurance for trips to countries that the World Health Organisation deems as high-risk for COVID-19 at the point of purchase.

Fabian Ng, Income’s General Manager for Consumer Business said, “While overseas travel in general continues to be restricted, we understand that there are some who will need to travel for necessary business-related and other essential matters. As such, we have added new benefits to our travel insurance plans to cover for COVID-19-related medical emergencies so that our customers can travel with greater peace of mind when the need arises. Nevertheless, we urge everyone to take all necessary precautions when planning your travels as there are countries that are seeing a resurgence in COVID-19 cases, or are still experiencing high number of infections.”

Policyholders with existing annual travel insurance plans from Income can contact Income to find out about getting covered by the abovementioned COVID-19 benefits for upcoming travel.

To find out more about Income’s travel insurance plans, visit https://www.income.com.sg/travel-insurance. 

For member-only strategic content on the cooperative/mutual insurance sector, ICMIF members have exclusive access to a range of online resources through the ICMIF Knowledge Hub.

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