Individuals insured by Aviva Singapore's health insurance plans will automatically be covered for side effects arising from the COVID-19 vaccination, at no additional
premium. Aviva Singapore will provide coverage of the medical bills should policyholders suffer side effects that require hospitalisation or inpatient treatment, such as a severe allergic reaction.
This coverage is included for their Integrated Shield Plan, MyShield, as well as group health insurance plans.
The vaccine must be authorised by the Health Sciences Authority and the individual must be medically eligible to receive it. The standard terms and conditions of the policies apply.
Daniel Lum, Director of Product & Marketing at Aviva Singapore, said, “We made this decision to assure Aviva’s policyholders who may have concerns about medical expenses should they encounter side effects from the vaccine. As an insurer, it is our responsibility to act quickly and meet the evolving needs and apprehensions of individuals, thus ensuring the country’s national vaccination effort can run smoothly.”
Stay in the know via our complimentary weekly newsletter
Check these out:
New study highlights need for younger generation to better prepare for potential long-term care needs
Singapore: Healthcare cost inflation forecast to remain relatively flat in 2020
AIA and ZA Tech forge regional digital technology partnership