
Safra Celebrates SG60 with 12 Months of Free Insurance for National Servicemen and Their Families!
2025-03-16
Author: Rajesh
Introduction
As part of the festivities celebrating Singapore's 60th anniversary, Safra has unveiled an impressive offer: 12 months of free personal accident insurance for national servicemen and their families.
Coverage Details
Underwritten by Singlife, the insurance plan provides up to $50,000 coverage for Safra members, their spouses, and children.
Announcement Highlights
This generous offering was announced by Zaqy Mohamad, the Senior Minister of State for Defence and president of Safra, during the vibrant Safra Family Day Out at the newly launched Rainforest Wild Asia on March 16. The event saw over 1,500 attendees, including families who enjoyed exclusive discounted entry.
Importance of National Servicemen
Mr. Zaqy expressed the importance of national servicemen as integral pillars of Singapore’s Total Defence. He emphasized that this initiative is part of Safra’s ongoing commitment to support and recognize the contributions of these brave individuals and their families.
Details of Safra Family Care
Dubbed 'Safra Family Care,' this free insurance plan highlights a collaboration with Professional Investment Advisory Services, a subsidiary of Singlife. Beneficiaries under this plan are entitled to substantial lump-sum payouts of $50,000 in cases of accidental death or total and permanent disability.
Additionally, members will receive up to $200 for medical reimbursements and coverage of up to $1,000 for basic medical expenses such as ambulance fees and fracture treatments.
Registration Information
Members can express their interest in the Safra Family Care plan by registering on the Safra website until the end of 2026.
Upcoming Events
The Family Day Out also marked the beginning of a host of SG60 celebratory activities, with much more in store. Later events include the Safra SG60 Food Galore featuring culinary experiences from June to August, and the Safra Fitness Festival, running from July to October, where teams of five will engage in various challenges including swimming, running, and even laser shooting!
Partnership with Mandai Wildlife Group
Enhancing the excitement, Safra has re-established its partnership with the Mandai Wildlife Group, offering quarterly promotions and discounts of 30% on admission to iconic attractions like the Singapore Zoo and Night Safari throughout the year.
More discounts will be available for entry to Rainforest Wild Asia and special offers on Royal Caribbean cruise trips and popular eateries, ensuring that members maximize their benefits.
Member Experience
Among the loyal Safra members is Avier Ling, a project manager, who attended the Family Day Out with his wife and daughter. They took advantage of a promotional entry rate of $60—significantly reduced from the normal fee of $117—and enjoyed the day out as a family. Mr. Ling praised the various discounts available through Safra, highlighting how beneficial these perks have been for everyday expenses.
Looking Ahead
As the celebrations continue, Mr. Zaqy was also posed questions about the upcoming general election, expressing excitement about community projects and collaboration with Prime Minister Lawrence Wong.
He hinted at future development plans for their constituency in Marsiling-Yew Tee, promising growth and improvements for residents.
Conclusion
Stay tuned for more exciting updates as Safra and its members celebrate a remarkable milestone in Singapore's history!