As we continue to support our clients and business partners, we are committed to finding ways to do more for the communities in which we serve.
In China, to help promote the rapid development of drugs and/or vaccines to fight COVID-19, Chubb will offer up to $14 million in clinical liability insurance protection on a pro bono basis to qualified domestic medical research and development entities.
Chubb & GrabInsure in Singapore provided complimentary Driver Care benefit for all Grab driver- and delivery-partners. Upon diagnosis of COVID-19, a lump sum will be paid to the infected driver/delivery partner.
Chubb’s China office announced a free one-year Personal Accident policy for death caused by COVID-19. It covers employees working for R&D companies, centers and manufacturers of vaccines for COVID-19 in China.
Chubb in Hong Kong SAR supported the Chinese Medicine Practitioner Association (CMP) by donating US$5,000 which allowed them to buy an additional 18,000 surgical masks for Guangdong Provincial Hospital of Chinese Medicine.
Chubb’s free 30-day cover for COVID-19 in partnership with DBS resulted in nearly one million sign-ups by the bank’s customers in Singapore since the launch on 24 February. The promotion closed on 31 March.
Chubb’s Ride Cover for Grab’s passengers in Malaysia and Singapore recorded high opt-ins since the launch on 1 March. Next to increased passenger confidence with free Covid-19 cover, benefits include Personal Accident and Travel Delay coverage which enabled driver partners to continue earning a livelihood in difficult times. The promotion closed on 15 April.
Korea donated KRW 10mil to the Daegu branch of Community Chest of Korea. The funds were used to provide daily necessities to people under self-quarantine and financial support for the underprivileged.