Singlife with Aviva has added cover for electric vehicles (EVs) as part of its motor insurance offering, with special discounts available to EV owners.
According to Singlife, it is now one of the few local providers of EV insurance, as Singapore seeks to increase adoption of EVs and become a sustainable land transport hub.
The insurer said that it will provide a 10% discount to customers who will buy its car insurance for EVs. The product is bundled with various EV-specific peripheral services, such as sourcing replacement EVs in the event of an accident and breakdown assistance due to insufficient battery power. The policy also covers charging cables, batteries and private charging stations from accidental damage. Singlife’s car insurance currently covers most classes of EVs available for sale in Singapore.
“We are pleased to support the country’s transition towards EVs,” said Pan Jinglong, head of general insurance, Singlife with Aviva. “We hope that our solutions will continue to provide customers with the security, reassurance and support as they seek cleaner energy vehicles and help reduce land transport emissions.”
Singlife said that sustainability is one of the core pillars of its business strategy. The company said that it is committed towards charting a better way to sustainability and creating a positive impact through its sustainability agenda, with the new EV plans supporting the Singapore Green Plan 2030.
