Etiqa’s latest pet insurance offers the highest locally insured coverage for surgical procedures.
SINGAPORE – Media OutReach Newswire – 31 January 2024 – Etiqa Insurance Singapore, a renowned provider of both general and life insurance, today announced that it is helping pet owners protect their beloved furry friends. We’re launching a new pet insurance policy aimed at supporting you, offering an unprecedented level of protection. unforeseen circumstances.
Due to the rapid increase in pet ownership, the number of dogs in Singapore will increase by 3 per cent from 2019 to reach 114,000 in 2023, while the number of domestic cats in the same year will increase by 10 per cent to 94,000. It is showing a significant increase. Similarly, costs associated with veterinary services, diseases, and health conditions are widening the protection gap and requiring comprehensive solutions for pet owners.
Recognizing this growing need, Etiqa Insurance Singapore has introduced an accessible and affordable pet insurance solution. This comprehensive plan provides important coverage, including accident- and illness-related medical expenses, congenital and genetic conditions, with a no-claims discount, giving pet owners protection in the event of an unexpected medical situation. Offers.
“Pets are important members of our families. Singapore’s view of pets is evolving, and pet care costs are rising, so it’s important to find the right options to ensure financial stability and peace of mind during these difficult times. Etiqa Insurance Singapore bridges this gap by providing affordable and accessible coverage, enabling Singaporeans to cherish longer, healthier lives with the pets they love.” said Raymond Ong, CEO of Etiqa Insurance Singapore.
Comprehensive protection tailored for your furry friends
Etiqa’s different pet insurance plan types are customized to suit your pet’s unique needs. The Pawfect plan guarantees market-leading sums of up to S$15,000 for surgical disease cover and S$3,500 for non-surgical cover.This plan includes congenital and genetic disorders[1]surgical treatment, accidental injury claims, etc.
Key features of Tiq Pet Insurance include:
- Highest medical treatment cost insured in the market (S$15,000 for the highest plan)
- Free coverage for congenital and genetic diseases when you provide medical documentation at time of purchase
- Up to 20% no claim discount
- Multiple pet discount up to 10%
- Additional S$500 insurance as final cost benefit (based on highest plan)
Etiqa’s pet insurance is easily accessible on Tiq by Etiqa, the digital insurance channel provided by Etiqa Insurance Singapore (https://tiq.com.sg/product/pet-insurance/). Information is current as of January 30, 2024. Hashtag: #etiqa #etiqainsurancesingapore #petinsurance #pet #insurance
https://www.etiqa.com.sg/
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About Etiqa Insurance Pte. Ltd. (Etiqa Insurance Singapore)
Protecting customers since 1961, Etiqa Insurance Singapore is a licensed life and non-life insurance company regulated by the Monetary Authority of Singapore (MAS) and compliant with the Insurance Act. The local insurance company is the Singapore arm of Etiqa Insurance Group, one of ASEAN’s leading insurance and takaful businesses, and provides life insurance, non-life insurance, family insurance, and general takaful insurance through its agents, branches, offices, and bank sales network in the region. provides products. Etiqa has been rated ‘A’ by credit rating agency Fitch, citing the group’s ‘good’ business profile and ‘very strong’ capitalization.
Etiqa is owned by Maybank Ageas Holdings Berhad, a joint venture that combines local market knowledge with international insurance expertise. The company is 69% owned by Maybank, the fourth largest banking group in Southeast Asia, and 31% owned by Ageas, an international insurance group with over 190 years of history and presence in 16 countries. #etiqa #etiqainsurancesingapore #petinsurance #pet #insurance
