The COVID-19 virus is clearly not going away anytime soon with the number of infections soaring in many countries.
DBS Relief Insurance Coverage
If you haven’t heard, local bank DBS is now offering complimentary COVID-19 relief insurance coverage for all POSB and DBS customers and their immediate family.
While we hope nobody ever gets to use it, this coverage could come in handy for professionals whose work require them to be on the road or visiting homes or meeting up with people often, such as taxi and PHV drivers, helpers or repairman.
Upon successful application, you will receive a copy of your policy via email within 5 days.
Benefits at a glance
Here are the features and benefits of the coverage:
- Daily Hospital Cash Benefit: S$100 per day (Up to 14 days)
- ICU Hospital Cash Benefit: S$1,000 (Lump sum)
30-day free coverage
The free coverage will last for 30 days from the date of application, after which it will expire and you will no longer be covered and no payment is required.
Customers, however, can still continue to be covered after 30 days by applying to the Recovery Hospital Cash policy to enjoy continuous coverage and additional benefits beyond COVID-19.Apply now from DBS Bank