GIA, LIA clarify member coverage

The General Insurance Association of Singapore (GIA Singapore) and Life Insurance Association, Singapore (LIA Singapore) today clarified member companies’ coverage for medical expenses relating to the 2019 Novel Coronavirus (2019-nCoV).

Integrated Shield Plans (IPs) and IP riders will provide coverage for hospitalisation expenses related to 2019-nCoV. Many non-IP individual and Group health insurance policies will also provide coverage for medical expenses related to 2019-nCoV.

Employers with Group policies are also advised to review their group policy documents and engage their insurers about the coverage.