What:
NTUC Income launched FlexiTravel Hourly Insurance, a travel insurance that enables travelers to purchase travel protection as needed by the hour.
Why:
Spontaneous weekend getaways have always been popular with Singaporeans, but travelers find it expensive or a hassle to purchase travel insurance for such short trips as they are perceived to be less risky, and many often end up traveling uninsured.
How:
- Available for those traveling only to Bintan, Batam, and Malaysia, FlexiTravel Hourly Insurance helps travelers insure themselves for short or impromptu regional trips by land or sea that range from a few hours to a full weekend.
- FlexiTravel Hourly Insurance charges a minimum of SGD 1.80 for six hours of protection, with the option for travelers to add on coverage at a rate of SGD 0.30 for every additional hour, capped at a maximum charge of SGD 3 per day.
- Accessible via the ‘My Income’ mobile app, travelers can activate and stop their FlexiTravel Hourly Insurance coverage anytime.
- With its geolocation feature, FlexiTravel Hourly Insurance makes traveling safe as the app pushes notifications and reminds travelers to activate their FlexiTravel Hourly Insurance plan when it detects that they are departing Singapore and to terminate their plan upon arrival in Singapore.
- Alternatively, travelers can update their travel details manually on the app to terminate or extend their travel insurance plan without turning on the geolocation feature.