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SINGAPORE- Media OutReach - 9September 2020 - AIA Singaporetoday announced that they will be offering complimentary AIA #ShareTheLoveInsurance plans[1]covering COVID-19 and 21 infectious diseases (including dengue fever) for the essentialworkforce.
The initiative will rallytogether members of the community to protect this vulnerable group. Startingtoday, members of the public may nominate a family member or friend[2] who is an essential workervia Facebook or Instagram. Both parties in the selected stories (individualswho submitted the story and their nominees) will be provided with the free AIA#ShareTheLove Insurance, which covers infectious diseases, including COVID-19and dengue fever, paying tribute to their service by protecting what matters.
"Theseworkers have put the communities' needs above their own health and wellbeing. Asidefrom COVID-19, the exposure to infectious diseases is not over even after endingtheir work, as dengue cases continue to plague homes. By engaging the help ofthe community at large, we hope to play a part in bringing more of theseamazing stories of resilience to light and paying tribute to our essentialworkforce. This is a little gesture of appreciation for the sacrifices thatthey have and continue to make as we deal with this crisis," said Ms Melita Teo, Chief Customer and DigitalOfficer, AIA Singapore.
This activity is part of a regional AIA#ShareTheLove movement taking place across Asia. It is during these challengingtimes that we realise the positive impact that love can bring. Be it forourselves, our family, or the community, a little sharing of love goes a longway. In Singapore, besides offering 2,000 complimentary AIA#ShareTheLove Insurance plans as part of its efforts of paying tributeto essential workers, AIA Singapore will also be raising funds for AIASingapore's two adopted charities, Children's Wishing Well and the VIVAFoundation.
AIA Singapore has long played an important rolein progressing education, wellness and enrichment programmes for children andyouths from its adopted charity, Children's Wishing Well, supporting the causefor the third year. With corporate social responsibility continuing to be a keypriority, even amidst a crisis, the life insurer today also announced anexpansion of its giving commitment by partnering with a new beneficiary, theVIVA Foundation, to do more to urgently narrow Singapore's protection gap byraising funds for paediatric cancer research.
More details on the #ShareTheLove campaign asfollows:
These initiatives are just one of many that AIASingapore has introduced during the COVID-19 pandemic to support individualsand families in need. Other support programmes include:
Noteto editor:
Howto submit your story and #ShareTheLove with the essential workforce:
Benefitsof the free AIA #ShareTheLove Insurance plan[8]as follows:
AIA #ShareTheLove Insurance Coverage duration: From inception date to 30 April 2021 | |
Benefits
| Coverage amount (Lump-sum payout) |
Hospitalisation Income Benefit A lump sum benefit will be paid out if the Insured Person is diagnosed and hospitalised in Singapore for a minimum of 3 days due to any of the covered 21 infectious diseases or COVID-19. | S$1,000 |
Non-Hospitalisation benefit A lump sum benefit will be paid out if the Insured Person is diagnosed in Singapore with any of the covered 21 infectious diseases after 14 days of policy inception.
| S$50 |
Death benefit A lump sum benefit shall be paid upon death of the Insured Person due to any of the covered 21 infectious diseases or COVID-19 in Singapore.
| S$10,000 |
Listof 21 Infectious Diseases:
For moredetails of the #ShareTheLove campaign, please visit: www.aia.com.sg/ShareTheLove or
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[1] Please referto the full terms and conditions on the AIA #ShareTheLove with the essentialworkforce social initiative via
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[2] Must beSingapore Resident with a valid NRIC or FIN and aged between 18 and 65 (agelast birthday) at the time when he or she is first covered under this AIA#ShareTheLove Insurance.
[3] Please referto the terms and conditions of the AIA #ShareTheLove Campaign 2020 atwww.aia.com.sg/ShareTheLove.
[4] Subject toapplicable terms and conditions.
[5] The free COVID-19coverage will be provided up until 31 December 2020 or 30 days after theDisease Outbreak Response System Condition (DORSCON) level has gone down togreen, whichever is earlier.
[6] Eligible forcorporate customers with a general practitioner outpatient plan.
[7]Must beSingapore Residents (with a valid NRIC / FIN) and aged between 18 and 65 (ageas at last birthday) when he or she applies for the free AIA #ShareTheLoveInsurance policy.
[8] Please referto the AIA #ShareTheLove Insurance policy contract for the full terms andconditions.
AIA Group Limited and its subsidiaries (collectively "AIA" or the"Group") comprise the largest independent publicly listed pan-Asian lifeinsurance group. It has a presence in 18 markets in Asia-Pacific -- wholly-ownedbranches and subsidiaries in Mainland China, Hong Kong SAR(1), Thailand,Singapore, Malaysia, Australia, Cambodia, Indonesia, Myanmar, the Philippines,South Korea, Taiwan (China), Vietnam, Brunei, Macau SAR(2), NewZealand, a 99 per cent subsidiary in Sri Lanka, and a 49 per cent joint venturein India.
The business that is now AIA was first established in Shanghai morethan a century ago in 1919. It is a market leader in the Asia-Pacific region(ex-Japan) based on life insurance premiums and holds leading positions acrossthe majority of its markets. It had total assets of US$291 billion as of 30June 2020.
AIA meets the long-term savings and protection needs of individuals byoffering a range of products and services including life insurance, accidentand health insurance and savings plans. The Group also provides employeebenefits, credit life and pension services to corporate clients. Through anextensive network of agents, partners and employees across Asia-Pacific, AIAserves the holders of more than 36 million individual policies and over 16million participating members of group insurance schemes.
AIA GroupLimited is listed on the Main Board of The Stock Exchange of Hong Kong Limitedunder the stock code "1299" with American Depositary Receipts (Level 1) tradedon the over-the-counter market (ticker symbol: "AAGIY").
Notes:
1. Hong Kong SARrefers to Hong Kong Special Administrative Region.
2. Macau SAR refers toMacau Special Administrative Region.