Allianz Partners Singapore teams up with SingSaver
Their new product, known as Allianz Travel Hero, will be purchasable for a minimum premium of S$3.33 per day
Singaporean personal finance comparison site SingSaver – a subsidiary of the MoneyHero Group – has announced a partnership with Allianz Partners Singapore to create a new travel insurance product for its platform.
The new product, called Allianz Travel Hero, will be exclusively available via SingSaver, and will be underwritten by Tokio Marine Insurance Singapore.
It will offer “comprehensive protection” for a minimum premium of S$3.33 (US$2.44) per day.
Coverage will include travel disruption, accidental death and disability, loss of travel documents, and personal liability for third-party damages.
In addition to allowing customers to tailor their policy to their length of stay overseas, the product will let them receive a higher level of coverage depending on their distance travelled away from Singapore.
FWD Singapore also recently announced an underwriting partnership with Tune Protect Re for its AirAsia Travel Protection plan.