AIA Malaysia has announced its two latest offerings to alleviate the worries of patients who are concerned with the side effects of Covid-19 and to lessen the health and family wealth anxieties amidst the pandemic.
As part of its initiative to support Malaysian and their families, the two latest offerings from AIA namely Covid-19 Vaccine Complications Cover and Covid-19 Diagnosis Cover comes with no additional cost.
Through its new Free Covid-19 Vaccine Complications Cover, AIA hopes to address some of these concerns and offer Malaysian’s peace of mind by providing the protection that they will need when they go for their vaccination.
The coverage comprises a hospital income of RM100 per day (up to 14 days) if a person is admitted to the hospital due to Covid-19 vaccine complications, and a RM20,000 benefit if the person passes away in Malaysia because of the vaccine side effects or complications.
This free cover is open to anyone between 18 and 70 years old to sign up. They can activate their cover between June 3 and June 14 through AIA Life Planners, and once activated, they will be covered until December 31, 2021 or when the total claims limit reaches RM3 million.
Chief Executive Officer of AIA Bhd, Ben Ng said, “We understand that anxieties are running high. As a leading insurer and takaful operator in Malaysia, we want to do what we know best to alleviate Malaysians’ worries, which is by providing them the right protection that they need during these challenging times.
“AIA always strives to help fellow Malaysians be financially prepared for life’s unexpected events, and we are proud that our current selling medical plans are one of the few in the market that cover medically necessary hospitalisation due to Covid-19 and vaccine complications.”
Meanwhile, for the Free Covid-19 Diagnosis Cover, including coverage for Home Quarantine, is a special Covid-19 coverage that provides a RM1,000 cash relief to support customers who are diagnosed with Covid-19 and are unable to continue working due to quarantine requirements, including home quarantine.
Additionally, it also covers death due to Covid-19, where a lump sum of RM5,000 (for new customer) or RM10,000 (for AIA’s existing customer) will be paid.
The cover is offered at no extra cost to AIA customers who have new life insurance, family takaful or Flex PA plans with AIA which take effect between June 1 and June 30.
“The new free covers we are announcing today further attests to our commitment to providing end-to-end Covid-19 protection to our customers. It is also our hope that they will help spur more people to reassess their insurance and takaful needs at this time of uncertainty,” he added.
Customers who are eligible will get to enjoy this free cover until 30 September 2021, or when the total claims limit reaches RM1.5 million, whichever comes first.
For full details on the offers and services, please visit www.aia.com.my.