Singapore-based insurance provider NTUC Income has rolled out with
FlexiTravel Hourly Insurance which covers travellers by the hour.
Travellers can stay protected and insured against risks at a coverage
of S$1.80 for six hours, and S$0.30 for every subsequent hour, capped
at a maximum charge of S$3 a day.
Travellers are able to easily activate and stop their coverage via
the ‘My Income’ mobile app. With its geolocation feature, the app will
also push notifications to travellers to remind them to activate their
FlexiTravel Hourly Insurance plan when it detects that they are
departing Singapore, and to terminate their plan upon arrival in
Singapore.
Alternatively, travellers can update their travel details and choose
the duration of the coverage manually in the app without turning on the
geolocation feature.
“Based on a recent survey we conducted, we found travellers to be
most concerned about seeking assistance when mishaps occur such as
catching Covid or getting injured while overseas and needing medical
treatment, as well as losing their personal belongings,” Annie Chua,
vice president and head of personal lines of NTUC Income said.
“The launch of FlexiTravel Hourly Insurance is timely in catering to
the evolving needs of travellers, such as short trips to nearby
destinations and travelling amidst the pandemic, so they can now travel
with peace of mind as they stay protected by the hour as needed,” she
added.
Currently, FlexiTravel Hourly Insurance is only available for travellers visiting Malaysia, Bintan or Batam.