Singtel and Great Eastern have launched Singtel Home Protect Flexi, a flexible home and contents insurance plan. The plan is tied to the customer’s Singtel broadband subscription, and will be automatically updated with a new address if the customer moves. This means homeowners will be able to enjoy seamless home protection without having to worry about a lapse in coverage or having to remember to update their address. The no-contract plan also gives customers the ability to cancel anytime.
Gilbert Chuah, Head of Financial and Lifestyle Services, Singtel, said: “We continually harness our wealth of insights as Singapore’s largest broadband provider to bring more convenience and flexibility to our customers. Our new Home Protect Flexi, for instance, eliminates the hassle of address updates for our home protection insurance customers when they relocate, providing seamless home protection that adapts to their evolving needs. We look forward to co-creating more value-added offerings with partners such as Great Eastern to enrich our customers’ lives.”
Jimmy Tong, MD, General and Group Insurance, Great Eastern, said: “At Great Eastern, we constantly seek ways to make insurance more seamless and convenient. Our new plan in collaboration with Singtel provides ease of portability and uninterrupted coverage for homeowners in the event they re-locate, or allows for termination at any time with no lock in period. By eliminating these traditional constraints, we are able to provide greater flexibility and value for our customers.”
Singtel Home Protect Flexi is an enhancement of Singtel’s home insurance offering, Singtel Home Protect, which is currently available with a one or two-year commitment. The new Singtel Home Protect Flexi, priced at S$8 a month, continues to provide homeowners with the same comprehensive coverage for various types of residential housing, of up to S$80,000 for household content and renovations, and up to S$500,000 for personal liability.
As a launch promotion, all first-time customers will enjoy the first two months free from now until 31 December 2023. To qualify for the plan, customers need to be an existing Singtel broadband subscriber. The plan is available now at all Singtel shops, Singtel’s website or via the customer care hotline, 1688.