China Life Singapore Extends Complimentary COVID-19 Vaccine Protection Coverage to 31 March 2022
China Life Insurance (Singapore) Pte. Ltd (“China Life Singapore”) announced on 23 March 2021 the launched of Complimentary “COVID-19 Vaccine Protection” Coverage to cover our customers’ on the possible COVID-19 vaccine side effects. This promotion has been extended twice from 30 June 2021 to 31 December 2021 due to high demand. In view of current situation of COVID-19 pandemic, the new COVID-19 Omicron variant is spreading faster than any previous COVID-19 variant, China Life Singapore announces to extend this promotion once again until 31 March 2022 to give our customers a peace of mind.
Our coverage includes the three COVID-19 vaccines - Pfizer-BioNTech, Moderna and SinoVac-CoronaVac COVID-19 vaccine – included in the National Vaccination Programme, and also the Sinopharm BIBP COVID-19 vaccine which is accessible to the population under HSA's special access route.
From 23 March 2021 to 31 March 2022
The eligible insured will receive an inpatient hospitalization cash benefit of SGD 150.00 per day and up to 14 days of hospitalization, and a cash benefit of SGD 800.00 from Healthcare Cash Benefit. Moreover, a lump sum payment of SGD 15,000.00 will be paid out in the unfortunate event that an eligible insured passes away due to side effect caused by COVID-19 vaccination.
|(a) Hospital Cash Benefit
To be paid out if the Eligible Insured is confined in a hospital and is diagnosed by a Registered Medical Practitioner with COVID-19 vaccination side effects within a 14-day period commencing from the date of vaccination. To avoid doubt, this 14-day period includes the date of vaccination.
SGD150 per day, up to 14 days of inpatient Hospitalisation
|(b) Healthcare Cash Benefit
To be paid out if the Eligible Insured is diagnosed by a Registered Medical Practitioner with pneumonia due to COVID-19 infection within a 30-day period commencing 14 days after the date the Eligible Insured had received the last dose of COVID-19 vaccine.
A lump sum payment of SGD800
|(c) Upon Death
To be paid out in the unfortunate event that the Eligible Insured passes away due to side effects caused by COVID-19 vaccination within a 14-day period commencing from the date of vaccination. To avoid doubt, this 14-day period includes the date of vaccination.
A lump sum payment of SGD15,000
*Each benefit shall only be made payable once under the Coverage
The“COVID-19 Vaccine Protection” coverage is subject to its terms and conditions. Please refer to https://www.chinalife.com.sg/en/promotions/covid-19-vaccine-protection for more information.
To be entitled to the “Covid-19 Vaccine Protection” coverage, the eligible insured must fulfil the following conditions:
- The attained age of the eligible insured is within 15 days to age 70 on the registration date;
- The eligible insured must be the insured of an inforce policy issued by us and such policy must be in force during the promotion period;
- The eligible insured must be medically eligible for COVID-19 vaccination, in line with the advice provided by the Ministry of Health (MOH); and
- The eligible insured must receive the COVID-19 vaccine in Singapore on or before the end of the promotion period.
This advertisement is for general circulation only and does not take into account the specific investment objectives, financial situation or particular needs of any specific person. You should seek advice from a financial adviser regarding the suitability of the policy before making a commitment to purchase. In the event that you choose not to do so, you should consider whether the product in question is suitable for you. This advertisement is not a contract of insurance. Please refer to the policy contract for the exact terms and conditions, specific details and exclusions.
This advertisement has not been reviewed by the Monetary Authority of Singapore. Information is correct as at December 2021.