This publish was written in collaboration with Singtel Sprint. Whereas we’re financially compensated by them, we nonetheless attempt to take care of our editorial integrity and evaluation merchandise with the identical goal lens. We’re dedicated to offering one of the best suggestions and recommendation so as so that you can make private monetary choices with confidence. You may view our Editorial Tips right here.
Most of us historically get our insurance policy from an agent, be it by a referral from a good friend or our present agent. We then set a date, meet up, undergo the plan after which signal the papers.
Even in case you select to look on-line for insurance coverage insurance policies, it’s possible you’ll have to fill in your contact particulars on the insurer’s web site then anticipate a callback from an agent earlier than you kickstart the above course of.
What if there’s a faster (and simpler) approach to take action? Yup, as a substitute of asking round for referrals or looking out on-line, you may conveniently view and purchase some insurance policy by a cell app that you simply already use on your day-to-day wants — Singtel’s cell pockets, Sprint.
A neater resolution within the palm of our hand
Keep in mind the insurance coverage financial savings plans from Singtel Sprint and digital insurer Etiqa’s Sprint EasyEarn that supplied nice returns?
Financial savings insurance coverage plan Sprint EasyEarn was launched in mid-2020, making it the primary insurance coverage financial savings plan out there on a cell pockets in Singapore. Earlier this 12 months, the second digital insurance coverage financial savings plan Sprint PET (Shield, Earn, Transact) was launched on the app too.
Since end-April 2021, a brand new suite of life and common insurance policy have been out there by the Singtel Sprint app.
What’s Singtel Sprint?Singtel Sprint is a cell pockets that you should utilize to pay for each day spending on issues comparable to public transport and purchasing in-stores or on-line. It really works similar to another contactless cost — simply hyperlink your Sprint Digital Visa card and faucet to pay, or scan a QR code. In addition to permitting you to save lots of with Sprint EasyEarn and Sprint PET, Sprint additionally permits you to ship cash to a number of Asian nations, together with China, India, Indonesia, and Malaysia. And it affords rewards too (extra on that later)! |
What important insurance policy can be found by Singtel Sprint?
Singtel Sprint and Etiqa have teamed up as soon as extra to launch a brand new suite of insurance policy. Along with present advantages, reductions and cashbacks, you’ll additionally earn unique Sprint reward factors!
Usually, insurance coverage purchases don’t entice different perks (i.e. bank card factors, and so on), however now’s your likelihood to get some additional safety and earn extra Sprint reward factors on the identical time.
Right here’s the 4 plans at present out there:
| Kind of insurance coverage | Protection contains.. | Premium | Sprint unique promotion |
| ePROTECT maid Insurance coverage | Private accident, Covid-19 vaccination unwanted effects, medical bills reimbursement, and so on | From $138.42/12 months (after 25% off) | 1,000 (buy in-app by 31 December 2021) |
| Non-public Automobile Insurance coverage | Restore guarantee, little one seat, windscreen, and so on | Depending on standards (automobile mannequin, 12 months, off peak/peak, driver’s profile, and so on.) | 5,000 (buy in-app by 31 December 2021) |
| Tiq Most cancers Insurance coverage | As much as $200,000, contains early stage most cancers | From $0.27/day* | (as much as $200 cashback) |
| Time period Life Insurance coverage | $50,000 – $2 million, lump sum payouts, and so on | From $0.04/day^ | (as much as $100 cashback) |
*Premium based mostly on S$50,000 cowl for a 20-year-old, male non-smoker
^Based mostly on S$50,000 cowl (5-year renewable time period plan) for a 19-year-old non-smoking feminine
Phrases apply. Seek advice from coverage paperwork supplied on Singtel Sprint app for particulars.
ePROTECT maid Insurance coverage
Your home helper is one who you depend on to maintain your property so as, handle your youngsters or dad and mom and cook dinner for your loved ones. And also you’ll need her to remain protected in case of any unexpected incidents.
For those who’ve completed some mild analysis, you’ll know that Etiqa’s maid insurance coverage is without doubt one of the most reasonably priced choices in Singapore. Think about getting one by Sprint for the extra factors that you simply received’t discover anyplace else. Plans are available in 14-month and 26-month coverages, with premiums ranging from $138.42 (14-month Plan A, after 25% off).
What’s included:
- Private accident protection from $60,000 on your helper
- Free monetary help profit if any unwanted effects arising from Covid-19 vaccination
- Termination and re-hiring bills
- Reimbursement of medical bills (i.e. you and your loved ones) if there may be any abuse by maid
The app will information you thru a step-by-step course of the place you’ll have the ability to key in your helper’s private particulars and see the ultimate premium price earlier than you click on pay.
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Purchase earlier than 31 December 2021 to obtain 1,000 Sprint factors. Stack this with a 25% off promo code (DASH25). |
Non-public Automobile Insurance coverage
In case your automobile insurance coverage is due for renewal, you may get a brand new plan conveniently through Singtel Sprint with out all of the frills and add-ons that automobile sellers attempt to promote you. And it’s apparently competitively priced for many who personal Japanese automobiles, which is most of us.
What’s included:
- 9-month restore guarantee at authorised workshops islandwide
- Free protection of as much as $300 for little one seat
- Limitless windscreen cowl ($100 extra for every substitute)
- Further 5% low cost in case you’re demerit free
Merely click on by to the right part on the app the place you’ll be requested to fill in your particulars comparable to what number of years you’ve been driving, no-claim low cost, variety of claims you’ve filed and in case you’d like so as to add any drivers.
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Enroll by 31 December 2021 to get pleasure from 5,000 Sprint reward factors (price S$10). |
Tiq Most cancers Insurance coverage
In the case of most cancers insurance coverage, it’s at all times good to have a plan that covers early stage most cancers, like this one. To not say we’re kiasu, however statistics present that 1 in 4 individuals might develop most cancers of their lifetime. And in case you search therapy early, there’s a excessive likelihood you’ll survive it (about 80% for individuals beneath age 50).
What’s included:
- Full payout for all phases of most cancers
- Select a advantage of $50,000 or $100,000, or $200,000
- Etiqa particular: Yearly 6% low cost while you renew your coverage if no claims made throughout earlier 12 months
- Loss of life advantage of $5,000
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Apply by 30 September 2021 to face to get $50, $100 or $200 cashback, relying in your premium quantity. Use promo code DASH100. |
Time period Life Insurance coverage
Time period life insurance coverage has develop into extra fashionable of late because of cheaper premiums for insurance policies that don’t lock you in for all times. This helps tremendously for households who wish to guarantee their dependents have sufficient ought to one thing occur to them, or if there’s a big long-term mortgage like mortgage they’re nonetheless paying for.
What’s included:
- Select from time period plans of 5 years (renewable), 20 12 months (mounted), or as much as age 65
- Protection of $401,000 – $2 million
- Lump sum payout in occasion of terminal sickness or Complete Everlasting Incapacity ($10,000 – $100,000)
- Protection in opposition to 30 forms of Essential Sickness
- Loss of life advantage of $2 million
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Be one of many first 100 to use by 30 September 2021 to get pleasure from reductions and cashback, based mostly on the time period plan you select. Keep in mind to key within the code DASH100. |
| Premium Time period Plan | Sum Assured | Low cost/Cashback quantity entitled to |
| 5 12 months renewable time period | Sum Assured from S$401,000 – S$2,000,000 | Perpetual low cost 14% and S$50 Cashback |
| 20 12 months mounted time period | Sum Assured from S$401,000 – S$999,000 | Perpetual low cost 18% and S$50 Cashback |
| Sum Assured from S$1,000,00 and above | S$100 Cashback, topic to minimal annual premium of S$500 | |
| As much as age 65 | Sum Insured from S$401,000 and above | S$100 Cashback, topic to minimal annual premium of S$500 |
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About Sprint reward factors
For each greenback you spend through Sprint (i.e. utilizing Sprint to make funds) at any of the over 72,000 retailers, you earn Sprint reward factors. Fairly simple to earn huh? Right here’s an outline of the rewards system:
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As you may see, the extra you spend, the extra factors you earn. And the month-to-month spending isn’t even lots in any respect. For those who eat at a restaurant as soon as every week (supplied if it’s a collaborating Sprint service provider), you’ll simply have the ability to hit not less than Gold tier.
Methods to earn extra Sprint reward factors:
- Make a remittance through the Sprint app (50 factors)
- Save and defend with Sprint PET (until 30 September 2021)
- Buy of chosen insurance policy (new)
Redemption by vouchers through an in depth Rewards catalogue. For instance:
- $2 Seize voucher with 1,000 factors
- $5 Chilly Storage voucher with 2,500 factors
- Different companions embrace Subway, Sephora, Zalora, Singtel and extra!
Keep in mind, when shopping for insurance coverage, verify for issues like protection, declare eligibility and price of premiums. Discover out extra particulars on the insurance policy and obtain the Singtel Sprint app to get began.
Disclaimer:
– This text is written in collaboration with Singtel Sprint
– The data is supposed purely for informational functions and shouldn’t be relied upon as monetary recommendation.
– Sprint PET will not be a checking account or a set deposit. It’s an insurance coverage financial savings plan that earns a crediting rate of interest.
– These insurance policies are underwritten by Etiqa Insurance coverage Pte. Ltd. (Firm Reg. No. 201331905K). This commercial is for common info solely. Phrases apply. Full particulars of the coverage phrases and situations might be discovered within the coverage contract. Protected as much as specified limits by SDIC. For extra info on the forms of advantages which might be coated beneath the scheme in addition to the bounds of protection, the place relevant, please contact us or go to the Normal Insurance coverage Affiliation (GIA), Life Insurance coverage Affiliation (LIA) or SDIC web sites (www.gia.org.sg, www.lia.org.sg or www.sdic.org.sg). As shopping for a life insurance coverage coverage is a long-term dedication, an early termination of the coverage normally includes excessive prices and the give up worth, if any, that’s payable to it’s possible you’ll be zero or lower than the whole premiums paid. You need to search recommendation from a monetary adviser earlier than deciding to buy the coverage. For those who select to not search recommendation, it’s best to take into account if the coverage is appropriate for you. As time period life insurance coverage has no financial savings or funding function, there isn’t any money worth if the coverage ends or if the coverage is terminated prematurely. This commercial has not been reviewed by the Financial Authority of Singapore. Data is correct as at 9 September 2021.
