Following Great Eastern’s announcement of its S$1 million GREAT Vaccine Fund, last Friday, the insurer today announced that the GREAT Vaccine Fund is now expanded to cover customer’s immediate family members, employees and financial representatives and their respective immediate family members.
The GREAT Vaccine Fund is in addition to its S$1 million COVID-19 Customer Care Fund announced last year. The Fund provides a daily hospital cash benefit of S$300 per day up to a maximum of seven days, if one is hospitalised due to COVID-19 vaccinations. Coverage will be valid for three months from the day of the first dose of Health Sciences Authority (HSA)-approved vaccinations.
The GREAT Vaccine Fund is effective until end-December 2021, or when the Fund is fully utilised, whichever is earlier. This follows the insurer’s recent move to extend hospitalisation cover and/or inpatient treatment arising from all vaccinations (including COVID-19) for policyholders of its medical plans.
The company will also support its employees who decide to take COVID-19 vaccinations with:
- A day off on the day of each vaccination
- Private taxi/Grab reimbursement to/from the vaccination clinics
- Two days of medical leave without the need to provide a medical certificate, in the event of side effects from vaccinations
- Reimbursement of medical fees for treating any side effects from vaccinations
Great Eastern Group Chief Executive Officer Khor Hock Seng said: “We have close to two million customers in Singapore and are pleased to extend this coverage to include not just our customers, employees and financial representatives but also their immediate family members so more people in Singapore will be protected when they take their vaccinations.”