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Q
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What is the Recycling Insurance
Scheme all about? |
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A
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When you participate in the
Recycling Insurance Scheme, you will receive free Personal
Accident Insurance Coverage through recycling. |
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Q
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What must I do to receive the
free insurance coverage? |
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A
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You do not need to pay anything. All
you need to do is to register online at
www.recyclingpoint.com.sg to participate in the Recycling
Insurance Scheme. Collect all the recyclables listed on the
above website and deposit them with RPDC. |
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Q
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How does the Recycling Insurance
Scheme work? |
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A
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Depending on the amount of
recyclables, you will be given a number of recycling points.
These points will be accumulated until they are sufficient to
cover the yearly premiums. |
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Q
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How are the recycling points
converted to pay for the premium for the insurance coverage? |
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A
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For example, if you have chosen plan
A that requires a deposit of recyclables worth 6,000 recycling
points, the participant will be insured for S$50,000 for a year
when the total points accumulated is 6,000 or more. Likewise, if
the participant has chosen plan B which is a contribution of
recyclables worth 12,000 recycling point, the participant will
be insured for S$100,000 for a year when the total points
accumulated is 12,000 or more. Please note that the policy will
only be activated when there are sufficient points and the
application has been approved by AXA Insurance Singapore Pte
Ltd. |
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Q
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Is the scheme offered to all the
people living in Singapore? |
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A
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Yes, it is open to all residents
living in Singapore but the application for insurance coverage
is subjected to approval from AXA Insurance Singapore Pte Ltd.
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