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SINGAPORE\u00a0–\u00a0Media OutReach<\/a>\u00a0– 19 May 2021 –\u00a0As
Maybank Singapore
The existing COVID-19
The complimentary
Mr Raymond Ong, Chief
Dr John Lee, Country
For more information,
1 <\/sup>The COVID-19 Financial
The
Terms
\nSingapore continues to roll out its COVID-19 vaccination programme in its
\nsteady efforts to contain the virus with hopes of gradual return to normalcy, Etiqa
\nInsurance Pte. Ltd.<\/a> (“Etiqa Insurance Singapore”) extends its Financial
\nAssistance Benefit for side effects of COVID-19 vaccine to all existing and new
\nindividual customers of Maybank Singapore. Application is not required and
\ncoverage is free of charge.<\/p>\n
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\nLimited’s consumer banking customers will receive a Hospitalisation Benefit of
\nup to S$1,000 over a maximum of 10 days, and an Intensive Care Unit Benefit of
\nup to S$1,000 over a maximum of 5 days if they experience any COVID-19
\nvaccination side effects. <\/p>\n
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\nFinancial Assistance Benefit<\/a> and vaccination
\nside effects coverage<\/a> currently protect Etiqa’s eligible customers1<\/sup>
\nagainst the virus and any unexpected effects from vaccinations of any COVID-19
\nvaccine which is approved for use in Singapore by the Health Sciences Authority
\n(HSA) and administered in Singapore. <\/p>\n
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\ncoverage is now extended to Maybank customers with an individual account in
\nSingapore. New customers are defined as those who are holding account(s) with Maybank
\nSingapore Limited for at least three months.\u00a0
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\nExecutive Officer of Etiqa Insurance Singapore said, “The health and well-being
\nof our people and customers remain a priority for us. To support the
\nprogressive reopening of Singapore and everyone to vaccinate with confidence, we
\nhope that this added layer of protection provides assurance and greater peace
\nof mind for customers of both Etiqa and Maybank Singapore while they take
\nactive steps to protect themselves and their loved ones.”<\/p>\n
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\nCEO and CEO of Maybank Singapore adds, “We stand in solidarity with our
\ncustomers and support the vaccination programme rolled out by the Singapore
\nGovernment. The impact of Covid-19 pandemic is long lasting and we strive to
\nprotect the well-being of our customers by providing them with Etiqa’s
\ncomplimentary Financial Assistance Benefit. This move is one of the ways we
\nhumanise financial services to care for our customers. Since last year, we have
\nalso provided deferred loan repayment scheme to help ease customers’ financial
\nburden.”<\/p>\n
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\nplease visit www.etiqa.com.sg\/covid19-relief<\/a>. <\/p>\n
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\nAssistance Benefit is eligible to all existing and new Insured Person(s) of
\nlife protection and insurance savings plans underwritten by Etiqa Insurance
\nPte. Ltd.. For full terms and conditions, please visit www.etiqa.com.sg\/financial-assistance-benefit-life<\/a>. <\/p>\n
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\nFinancial Assistance Benefit for side effects of COVID-19 Vaccine is eligible
\nto all existing and new individual customers of Maybank Singapore Limited, all existing
\nand new Life assured of life protection and insurance savings plans and all
\nexisting and new Insured of selected personal lines insurance policies underwritten
\nby Etiqa Insurance Pte. Ltd. For full terms and conditions, please visit www.etiqa.com.sg\/covid19-updates\/vaccine-benefits\/<\/a>. <\/p>\n
\nand conditions apply. Protected up to specified limits by SDIC. Etiqa Singapore
\nreserves the discretion to make amendments to the benefits and its validity at
\nany time.