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Singtel offers insurance cover in prepaid, remittance app services
It will bundle NTUC Income insurance coverage in these services, targeting large pool of foreign workers
Add BT as a preferred sourcePublished Thu, Jul 25, 2019 · 09:50 PM
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Singapore
SINGTEL will begin bundling NTUC Income-provided insurance coverage into its prepaid phone and remittance services, in a move targeted at the large pool of foreign workers.
The telco is absorbing the insurance premiums as acquisition cost, in the hope that it will encourage cross-platform subscription to these services through its apps, and thus increase Singtel's market share.
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