SINGAPORE - Media OutReach Newswire - 10 April 2025 - With pet ownership on the rise and a growing focus on pet wellness, MSIG Singapore has introduced a new pet insurance, PawEasy, to support pet owners in delivering quality care for their beloved companions.

This new product responds to the concern among pet owners regarding rising pet medical costs. A recent MSIG study indicated a strong demand for pet insurance plans that cover hospitalisation, surgical procedures and other essential care.

• - PawEasy provides comprehensive coverage for accidents and illnesses, including up to $20,000 per annum for hospitalisation and surgery, which is one of the highest in the market.
• - The plan also covers pre-surgery consultation and diagnostic tests up to 30 days before surgery, and post-surgery treatment up to 60 days from discharge.
• - In addition, complementary therapies such as acupuncture and physiotherapy, pet mobility aids, cremation and burial expenses are covered.
• - The policy also offers a No Claims Discount of up to 15%, providing further savings for pet owners upon policy renewal.

Optional Add-Ons
Pet owners can enhance their coverage by adding optional benefits tailored to their protection needs:

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• - Third-party liability coverage up to $500,000
• - Outpatient non-surgical medical coverage up to $5,000
• - Chemotherapy treatment coverage up to $6,000 per pet's lifetime
• - Pet boarding cover in case the owner is stranded overseas due to injury, illness, or public transport delay during homeward journey
• - Flexible deductible and co-payment options to reduce out-of-pocket expenses

PawEasy offers annual plans with premiums starting from $319* per year for dogs and $128* per year for cats.

"With a growing need for pet insurance to cover rising medical expenses, PawEasy eases the burden of pet ownership by offering comprehensive coverage for major and unexpected hospitalisation and surgery costs, with flexible add-on options for pet owners. With PawEasy, our customers are assured of exceptional coverage, allowing them to be worry-free as they focus on their pets' needs," said Steven Leong, Senior Vice President of Retail Distribution, MSIG Singapore.

To be eligible for coverage, pets must be between 16 weeks and nine years old, have completed all required vaccinations, are microchipped and licensed with pet owner.

There are three plans available for pet owners to choose from, with coverage and limits varying by plan level.

All new customers will enjoy a discount of 30% off PawEasy up till 30 April 2025.

PawEasy can be purchased at www.msig.com.sg/personal/paweasy.

* Based on the PawPat plan for 16-week-old puppy and 16-week-old kitten with promotional discount of 30%.