Allianz Hospital Income Protect

The Insured Person must be:

1. Holding a valid Singapore identification document such as a Singapore NRIC, Employment Pass, Work Permit, Long Term Visit Pass, Student Pass, Dependent's Pass, or other recognised work pass entitling the holder thereof to remain, or enter and remain, in Singapore; and
2. i.  for an Adult, between 18 and 60 years old (both ages inclusive), or up to 70 years old for renewal policies,
   ii. for a Child, between 30 days and 18 years old or 24 years old for those registered as full time students at an Educational Institution.

1. Are there any benefits under the Allianz Hospital Income Protect policy that provides coverage on the 2019 Coronavirus (COVID-19)?
   1. Claims related to COVID-19 may be eligible for Daily Hospital Cash and Recuperation Benefit within the policy terms and limits.
   a. Daily Hospital Cash will be payable from date of quarantine if:
        i.  Quarantine centre is a licensed hospital/medical centre or is
            established and/or endorsed by the government; and
        ii. Insured has been confirmed to have been infected by COVID-19.
    b. Recuperation Benefit will be payable from the first day of
         being discharged from the hospital, provided the insured has stayed
         in the hospital for at least 7consecutive days (inclusive of days being
         quarantined).
2. Can I purchase Allianz Hospital Income Protect if I am not a Singaporean?
   Yes you can, as long as you hold a valid Singapore identification document such as a Singapore NRIC, Employment Pass, Work Permit, Long Term Visit Pass, Student Pass, Dependent’s Pass or other recognised work pass entitling the holder to remain in Singapore.
   
3. What are the age limits?
   You must be between 18 and 60 years old on the first effective date of the Policy, or up to 70 years old for renewal policies. For your children, they must be between 30 days and 18 years old and this can go up to 24 years old if they are registered as full time students at an Educational Institution.
   
4. Can I purchase Allianz Hospital Income Protect for my family?
   Yes you can purchase a policy for your legally married spouse and children. However, parents, parents-in-law and siblings are not permitted.
   
5. Am I entitled to claim if I am hospitalised while overseas?
   Yes, provided that you were not residing outside of Singapore for more than 90 consecutive days before hospitalisation. If you did reside outside of Singapore for more than 90 consecutive days, then only 50% of the Daily Hospital Cash benefit would be payable.
6. Am I required to have a medical examination?
   No medical examination is required.

1. Allianz Hospital Income Protect Policy is underwritten by Allianz Insurance Singapore Pte. Ltd (Allianz).
2. The above information is for reference only. If you are unsure if this product is suitable for you, we strongly encourage you to speak to a qualified insurance adviser. Otherwise, you may end up buying a plan that does not meet your financial expectations or needs.
3. The Policy may contain terms and conditions which are not detailed in the above. Should there be any discrepancy between the information contained in the above and the terms of the Policy, the terms of the Policy shall prevail. For exact terms and conditions and details of the exclusions, please refer to the Policy Wording or contact Allianz.
4. Pre-existing medical conditions are not covered by this plan. Allianz strongly recommend that you read the full list of exclusions and all terms and conditions when you receive your policy contract.
5. Allianz reserves the right to terminate coverage at any time by giving thirty days' notice in writing to the Insured Person at his last known address, and the premium here on shall be adjusted on the basis of Allianz receiving or retaining pro-rata premium.
6. Yearly premiums payable for this coverage will increase when the Insured Person reaches the next age band at policy renewal.
7. Premium rates are not guaranteed and may be increased or varied by Allianz:
   i.  when a material change in risk occurs or
   ii. when there is a general rate increase affecting all policyholders reflecting Allianz's actual or anticipated results in this class of business.
8. Any claims resulting from an Illness or Infectious Disease within 30 days of the first effective date of the Policy shall be excluded.
9. Only 50% of the Daily Hospital Cash benefit will be payable should the Insured Person reside outside of Singapore for more than 90 consecutive days.
   
10. It is noted and agreed that subject to the terms and condition and payment of premium, this policy shall be renewed upon expiry until a notice of cancellation has been received.
11. Please refer to Your Guide to Health Insurance for more information. You may also visit the GIA website www.gia.org.sg for a copy of the booklet.
12. This Policy is protected under the Policy Owners’ Protection Scheme, which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please visit the GIA or the SDIC websites (www.gia.org.sg or www.sdic.org.sg).
13. This advertisement has not been reviewed by the Monetary Authority of Singapore.
14. Information is accurate as at August 2020.