GoBear, a financial services platform, has partnered with insurance company Chubb, to launch “Work From Home Care”. This new white-label insurance bundle offers protection against specific risks residents face while telecommuting during the COVID-19 outbreak.
Work From Home Care offers a subscription to the Doctor Anywhere app, as well as a worldwide personal accident benefit. It also includes an identity theft benefit that covers legal expenses and loss of income in the face of increased cyber security risks with office and school activities being conducted from home.
Additionally, there is a limited offer COVID-19 hospital cash benefit that provides 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.
Winston Ng, Country Director of GoBear Singapore says that “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,” he continued.
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,” he concluded.