Singapore, 2 July 2020: China Taiping Insurance (Singapore) Pte. Ltd. (“CTPIS”) launches a charity drive with three initiatives to support The Straits Times School Pocket Money Fund (“STSPMF”).
- One Force Donation via Giving.sg
CTPIS rallies its staff including their family and friends, business associates, distribution partners, clients and the public to support this worthy cause with cash donations via Giving.sg.
- Pledge S$10 for every Life Insurance policy
CTPIS pledges S$10 for every Life Insurance policy purchased via its distribution partners - Financial Advisory Firms and Banks from 1 July to 31 August 2020.
- Complimentary totaling S$5 million personal accident coverage for first 100 STSPMF beneficiaries
CTPIS sponsors 100 Panda Safe Sun Plans for one year with S$50,000 coverage per beneficiary aged from 7 to 21 years old. Panda Safe is a personal accident plan that provides 24-hour worldwide protection against unforeseen and unexpected accident injuries. Some of the benefits include protection against accidental death & permanent disablement, as well as medical expenses for dengue fever, Hand Food Mouth Disease, mobility aid and many more.
Mr. Yang Yamei, Chief Executive, China Taiping Insurance (Singapore) Pte. Ltd., said: “CTPIS has been supporting The Straits Times School Pocket Money Fund since 2018, by hosting China Taiping FunRun for two consecutive years to raise funds. The COVID-19 may have put all public events to a halt but it does not stop our drive to help the under-privileged children. In this trying time, low-income families need more help than ever. We want to extend our helping hands beyond fund raising. As an insurer, our mission is to offer financial protection and we want to cover these under-privileged children with accident injuries and medical expenses as that can be a burden to their families when the unexpected events occur.”
The charity drive will be held from 1 July to 31 August, 2020. CTPIS will leverage on its social media platforms to drive support.
About China Taiping Insurance Singapore
China Taiping Insurance (Singapore) Pte. Ltd. (“CTPIS”) is a leading insurer for both life and general insurance businesses. Established in Singapore since 1938, CTPIS has a financial strength rating of A- by S&P and A by A.M Best. We have been assuring our customers in Singapore with financial peace of mind for over 80 years.
CTPIS is wholly-owned by China Taiping Insurance Holdings Company Limited, which has been listed on the Hong Kong Stock Exchange since 2000, making it the first Chinese-funded insurer listed overseas. China Taiping Insurance Group Limited is a large transnational financial and insurance group with business network in Mainland China, Hong Kong, Macau, North America, Europe, Oceania, East and Southeast Asia. The brand has gained international recognition over the years and successfully made the rankings in the “Global Fortune 500 Companies” since 2018.
China Taiping Insurance (Singapore) Pte. Ltd.
Tel: (65) 6389 6158
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