Trust Bank has partnered with Income Insurance Limited to introduce TravelShiok (because it is shiok to travel), a single-trip travel insurance plan. With TravelShiok, you can buy travel insurance even after leaving Singapore, starting from the day after your departure. The policy covers unused tickets to theme parks, concerts, or sports events purchased with the Trust Card in the case of specific unexpected events. It also includes up to S$3,000 in purchase protection for accidental damage repairs on items bought with the Trust Card within 30 days, and up to S$8,000 for loss or damage to baggage, mobile devices, and laptops. Policyholders enjoy higher coverage on benefits including trip postponements, trip disruptions, loss of travel documents, overseas hospital allowance, rental vehicle excess cover or more.
Signing up takes just two minutes. Pay for TravelShiok with any Trust credit card or the Trust Savings Account within the Trust App.
Trust Bank has previously launched family personal accident insurance from Income, as well as travel, domestic helper, home, car and motorcycle insurance. 13% of the online Bank’s active customer base have bought a policy through Trust Bank.
Tiffany Teo, Head of Bancassurance, said: “Customers have told us that the Trust card has become their go-to travel card with its zero foreign exchange rate proposition. With the holiday season around the corner, there is no better time for us to bring our custo
Travel insurance is the most popular type of coverage to Trust Bank customers who enjoy 0% foreign exchange fee when spending overseas. customers aged between 30 and 49 make up most of the bank’s travel insurance policyholders. With feedback gathered on what customers value, this brand-new travel insurance exclusively for Trust customers was launched.
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