Source: Media Outreach
SINGAPORE – Media OutReach – 12 August 2020 – Chubb announced today the launch of Recover & Return Insurance, a
market-leading group insurance plan for businesses in Singapore. With countries and territories beginning to emerge
from lockdowns, businesses need to consider establishing risk mitigation plans
to protect workforces when they return to traditional workplaces.
Chubb’s Recover & Return
Insurance is designed specifically for employers to care for the health, safety and
well-being of their employees so that they can return to their workspace with
confidence.
Highlights of this product
include lump sum payouts upon diagnosis of COVID-19 for the following[1]:
Benefits for the employee –
1.
Admission to hospital.
2.
Admission to the Intensive Care Unit.
3.
Family bereavement in the event of the
demise of an insured employee.
Benefits for the employer –
1.
Counselling for employees should a
colleague working nearby be diagnosed with COVID-19.
2.
Workplace disinfection.
Ben Howell, Deputy Head of
Accident & Health at Chubb in Asia Pacific said, “We recognise the
need to enhance the confidence of companies and their
employees as they return to their traditional workplaces. The Recover &
Return Insurance complements our Work from Home Insurance launched recently.
Both insurance products address the concerns of employers in providing sustained
care for their employees in the new normal, whether working from home or their
traditional workplace.”
[1] These
product highlights are an overview of the key features of the product. Please
see the actual policy for exact terms, conditions and exclusions.
About Chubb Chubb is the world’s largest publicly traded
property and casualty insurer. Chubb Insurance Singapore Limited, via acquisitions
by its predecessor companies, has been present in Singapore since 1948. Chubb
in Singapore provides underwriting and risk management expertise for all major
classes of general insurance. The company’s product offerings include Financial
Lines, Casualty, Property, Marine, Industry Practices as well as Group
insurance solutions for large corporates, multinationals, small and
medium-sized businesses. In addition, to meet the evolving needs of consumers,
it also offers a suite of tailored Accident & Health and Personal &
Specialty insurance options through a multitude of distribution channels
including bancassurance, independent distribution partners and affinity
partnerships.
Over the years, Chubb in Singapore has
established strong client relationships by delivering responsive service,
developing innovative products and providing market leadership built on
financial strength.
More information can be found at www.chubb.com/sg. – Published and distributed with permission of Media-Outreach.com.
