Group E – SME Corporate customers who are facing cash flow and financial liquidity difficulties caused by the Covid-19 pandemic
The threat of COVID-19 remains and its impact on the economy is unlike anything we’ve seen before. As all of us adjust to a new norm in our lives, many have fallen on hard times and are trying to cope with their circumstances – socially and financially. It is important to us that our customers are able to sustain their insurance commitments and cover even in difficult times.
We have therefore extended our support schemes application deadline to 31 December 2021, so that more policyholders can continue to get the support they need.
Customers whose motorcycles are registered for delivery business can also continue to enjoy a 20% discount on motorcycle insurance premiums up to 31 December 2021.
Yes, you can apply for more than one Support Scheme as long as you meet the eligibility criteria of each scheme.
Customers can visit income.com.sg/support-scheme to find out more about the Income Support Schemes.
No, the Support Schemes are not exchangeable for cash or any benefits-in-kind.
Find out more about exercising other options within your policies to further ease your cash flow.
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