Personal accident insurance – Is COVID-19 covered?

Yes, with FWD it is. But before we dive into those details, what do you know about personal accident insurance?

You’ve probably heard about it as most have it as part of their company insurance coverage. Personal accident insurance doesn’t just cover the accidents that most people typically expect, some plans also cover food poisoning, infectious diseases and more. Cover amount varies from plan to plan, some are at 100% of your sum assured, while some are only covering up to a specific amount. It may be a good idea to take some time to review your existing insurance policies and check what you have.

FWD Personal Accident insurance at a glance

For those who are yet to be covered or looking to get additional coverage, you can take a look at FWD’s Personal Accident insurance as a point of reference for the benefits you can get from this type of insurance.

• Outpatient and Inpatient Medical Expenses for Infectious diseases like COVID-19, Dengue and more
• Daily Taxi Allowance up to S$100 for two weeks
• Emergency phone charges when you are overseas
• Emergency medical evacuation when you are overseas, there’s no limit to this claim
• 24-hour medical helpline for emergency assistance
• Ambulance fee of S$500 for hospital transfer due to an Accident
• Accidental death and disability benefits

Here are available riders to enhance this cover:

• Daily hospital income of up to S$500 for up to 365 days
• Weekly income benefit for temporary total disability (up to 104 weeks)
• Medical expenses overseas for inpatient & outpatient

How does FWD Personal Accident insurance cover COVID-19?

FWD is the first insurer to cover medical expenses for the maximum number of infectious diseases including Coronavirus (COVID-19) and dengue.

With the FWD Personal Accident plan, you can make claims related to the COVID-19 outbreak just 15 days after your policy starts, compared to the usual waiting period of 90 days for other infectious diseases. This means you are immediately covered and eligible to claim for infectious diseases after just 15 days from buying your policy.

* As with all our products, please note that you must be in Singapore when purchasing the policy.

Having an insurance cover for COVID-19 is a good safety net to help you recover, however, remember to do your part in containing the spread. According to the Ministry of Health Singapore, you can stay safe with the 5M’s.

• Manage your health by keeping a close watch for body symptoms.
• Maintain clean hands through personal hygiene of regular washing with soap and water.
• Minimise contact with those who are unwell.
• Mask up when unwell and visit the doctor immediately.
• Monitor the news.

You can also take a step further to prepare yourself for unforeseen financial implications with FWD Personal Accident insurance. Being sufficiently covered can ease your worries during uncertain times. Learn more about FWD Personal Accident insurance here.