The new product is the first in Singapore to offer protection against accident, health, and cyber security risks for residents who work from home.
GoBear, Asia’s leading financial services platform, has partnered with global insurance leader, Chubb, to launch “Work From Home Care” – the first product of its kind in Singapore. With a recent survey showing that 9 in 10 employees in Singapore want to continue working from home, the new white-label insurance bundle offers affordable and flexible protection against specific risks residents face while telecommuting during the COVID-19 outbreak.
Available for individuals, couples, and families on a monthly subscription basis, Work From Home Care offers the following:
- Doctor Anywhere Subscription: Video-consult a Singapore-registered general practitioner on-demand anytime, anywhere through Doctor Anywhere app, with free medication delivery in less than 3 hours.
- Worldwide Personal Accident Benefit: Coverage includes reimbursement of accidental medical expenses, accidental permanent disablement and accidental death.
- Identify Theft Benefit: Covers legal expenses and loss of income in the face of increased cyber security risks with office and school activities being conducted from home.
- COVID-19 Hospital Cash Benefit: Daily cash pay-out for COVID-19 hospitalisation and lump sum payment if the individual is subsequently admitted to ICU, up to 30 days from policy commencement. Limited offer – only for policies acquired from now till 15 July 2020.
“The launch of Work From Home Care further delivers on GoBear’s mission to improve the financial health of Singaporeans by providing products that are optimised to better match their needs. Many may not realise that telecommuting exposes them to increased cyber security risks such as potential hacker attacks and phishing scams. This is one of the ways Work From Home Care anticipates their needs,” said Winston Ng, Country Director of GoBear Singapore.
Underwritten by Chubb Insurance Singapore Limited, the product marks the second collaboration on a white-label product between the two companies. Earlier this year, GoBear and Chubb co-created Go Travel, a new travel insurance product for Singaporeans, designed using financial product interaction insights from users of gobear.com.
Scott Simpson, Country President for Chubb in Singapore said, “At Chubb, we constantly strive to redefine what an insurance company can do. Our partnership with GoBear does just that – optimising customer value, convenience and choice of protection to suit varied needs. We look forward to continuing our collaboration with GoBear to better serve its customers so that they can have greater peace of mind during these unprecedented times.”
Work From Home Care is now available for purchase on the GoBear website.