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SINGAPORE – Great Eastern (GE) has rolled out an insurance plan for self-employed, freelance and gig economy workers amid the Covid-19 outbreak, in a tie-up with telehealth provider Doctor Anywhere.
GE’s GREAT Comprehensive Care is an annual renewable plan that offers hospitalisation income, personal accident coverage, and outpatient care in a single policy, while touting it as the first in the market to do so.
The plan is designed to address the concerns of gig economy workers, many of whom will find it difficult to regain their pre-pandemic income even as most businesses and activities resume in the second phase of Singapore’s reopening, said the insurer in a media release on Monday (June 29), .
“Without the support of employee benefits or corporate insurance coverage, the situation is even more challenging if these individuals are hospitalised due to an injury or illness and their daily income is curtailed,” said GE, the insurance arm of OCBC.
There are two plan types – basic and deluxe – with premiums starting from 73 cents a day, or about $22 a month.
Among its benefits, the basic plan provides a daily hospital cash benefit of $100 per day and an additional payout of $100 per day upon admission to the …
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