Covid 19 has affected the tourism industry. That is why many places are offering attractive plans for promoting tourism. Singapore has offered Covid-19 insurance to promote tourism. Foreign travellers can now purchase insurance coverage for COVID-19 expenses in Singapore. The three insurance companies in Singapore have come forward with their insurance plans to benefit travellers. This news got shared by the two airports Changi Airport Group (CAG) and Singapore Tourism Board (STB). The travel insurance will offer 30,000 Singapore dollars for the Covid 19 medical treatments. When converted to Indian rupees the value will be Rs 16, 57,818. Know more about these arrangements to continue reading.
This new plan promoted by Singapore Government is in effect immediately. The minimum sum of insurance decided with the recommendations of Ministry of Health (MOH) in mind. This organisation considered the costs incurred by Covid 19 patients in private hospitals to fix the suitable amount. Furthermore, the three insurance companies offering their services are AIG Asia Pacific Insurance, HL Assurance and Chubb Insurance Singapore Limited.
The companies AIG and HL Assurance have begun to sell their insurance plans however the Chubb will start offering its services from November 27. The foreign travellers have to travel through the safe Travel Lanes. After the tests, if they got infected by Coronavirus then they can purchase the travel insurance that will cover the costs of their medical treatments in Singapore.
GIA CEO Ho Kai Weng shared that the insurance companies understand the role played by them in making the travel safe and benefit the travellers. They are working along with the Government agencies and other sectors for months to assist Singapore become an innovative destination.
As many countries are opening their gates for the tourists, Singapore has made the insurance plans to make the inbound travel possible. Six cases of Covid 19 got identified on Wednesday in Singapore and now there are totally 58,135 coronavirus infections. More than 58,033 people have got fully recovered from the virus and went home.
These travel insurance plans will offer benefits for the people who require immediate treatments as the insurance amount can cover major medical costs. This will certainly appeal to people who want to travel to Singapore.