First of all: This is not a sponsored blog post for Etiqa, but just a good deal we spotted and we just want to share. (We’re nice that way)
When it comes to discounts and freebies, Singaporeans are world champions at sniffing them out. From $1 Chicken rice to the Great Singapore Sale, there is always some kind of lobang going on our island – and of course we do our darnest best to take advantage!
Our scoop today is about free Term Insurance that Etiqa is offering for:
- New Parents
- Newly Weds
In the words of Etiqa Insurance CEO Mr Sue Chi Kong:
“Milestones like getting married and becoming a new parent are joyous occasions. Still, financial responsibilities typically increase at these life stages. We’re heartened by the government’s recent announcement on additional paternity leave and Baby Bonus for every newborn. So, we want to celebrate this good news with more good news for every eligible Singaporean and PR by providing free insurance for a year, to kick start their journey as newlyweds and new parents.”
Altruism about family building aside, this seems pretty reminiscent of POSB’s Kids Savings Account – sign up and get $1 free, which explains why everyone in Singapore has one.
Still, a freebie is a freebie, and we are definitely not complaining. Here’s the criteria for claiming 12 months worth of free Term Insurance (25k cover) –
A) Singapore Citizen or PR
B) Aged 21 to 45 (Age Next birthday)
C) Married Couples within 6 months of marriage (if claiming under Newly Weds)
D) Parents whose Infants are below 1 year of age (if claiming under New Parents)
E) Must have an internet connection to apply via: http://www.etiqa.com.sg/
Easy Peasy, say we. The campaign and offer started on 1st September 2015 and correct at the time of publishing, the campaign is still on going and does not seem to have an ending date specified.
Some 5 things you may not have known about Etiqa:
- It is the Insurance arm of the Maybank group (4th Largest bank by assets in SEA)
- It has been providing General Insurance for 54 years in Singapore
- Its Life Insurance business started in 2014 – making it one of the newest contenders in the Life Insurance space
- We find their travel insurance pretty kick ass, when it comes to bang for buck
- Their favourite colour is yellow. Probably.
Have you taken advantage of your free term insurance yet? Tell us why or why not in the comments below!
www.ClearlySurely.com aims to eradicate the knowledge gap between consumers and Life Insurance. Our Vision is that one day, every Man, Woman, and Child will be properly insured.