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CIMB Bank Singapore unveils insurance for pet dogs and cats

CIMB Bank Singapore unveils insurance for pet dogs and cats

20 May

SINGAPORE – Malaysia’s CIMB Bank is now offering pet insurance for cats and dogs in Singapore, with policy plans starting from S$74.90 a year.
The CIMB My Paw Pal pet insurance, underwritten by Sompo Insurance Singapore, covers accidental death, medical expenses due to an accident, cremation or burial expenses due to an accident and third party liability. Optional coverage are also available: 1) loss of dog due to theft, and 2) medical and cremation/burial expenses due to illness.

To qualify for the coverage, the pet has to be microchipped and between 12 weeks and seven years old. Dog owners must also ensure that their canines are registered with the Animal & Veterinary Service. However, certain dog breeds such as the bull terrier, Doberman, pinscher, Rottweiler and mastiffs, are excluded under the insurance plans.

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