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MSIG and DBS launch Singapore's first instant travel claims

Samantha Chiew Published on Wed, Jul 05, 2017 / 3:18 PM GMT+8

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SINGAPORE (July 5): MSIG Insurance and DBS Bank today launched the republic’s first instant electronic payment service for travel insurance claims.

The new initiative will settle claims in about four days, significantly reducing settlement time.

DBS/POSB account holders who bought MSIG’s travel insurance plans through the DBS website and has a member account with MSIG’s customer portal can benefit from this real-time claims payment service.

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