Boosting confidence in COVID-19 vaccinations

While COVID-19 vaccinations are picking up pace¹ in parts of Asia Pacific, governments and businesses continue to work together to overcome the spread of fake news or misperceptions about the impact of vaccines on overall health; particularly for those with underlying conditions. Leading medical organisations such as John Hopkins² and Centres for Disease Control and Prevention³ have published their views of the safety of the vaccines and their effectiveness in the fight against infection to dispel the misperceptions.

Creating confidence

So how can public and private partners work together to overcome this fear of vaccines among the general population, and encourage everyone to have their jabs to protect themselves and their families?

In some markets, large companies have been offering incentives. For example, to encourage citizens to get vaccinated in Hong Kong SAR, many businesses there are offering a wide range of perks – ranging from shopping vouchers to flight tickets, from staycation packages to cruise vacations⁴, and even the chance to win a new Tesla car or an apartment⁵.

At Chubb, we are giving as much support as we can to encourage success in local vaccination programs. Earlier this year we launched our complimentary post-vaccination insurance products through DBS in Hong Kong SAR and Singapore. Chubb’s post-vaccination insurance plans offer daily cash hospitalisation benefits and lump sum benefits if admitted to the Intensive Care Unit (ICU) due to a COVID-19 vaccination complication. We believe this layer of protection can improve confidence in the vaccines and encourages the community to get the protection they need.

In Malaysia, we had worked with AirAsia’s BIG Loyalty to offer post-COVID-19 vaccination Insurance for a one-time premium of RM19 per insured person. The product provides customers with a daily hospital income benefit, a post COVID-19 Vaccination Bereavement Benefit, as well as a post COVID-19 Vaccination ICU Benefit.