Thursday, December 9, 2021

Assurance of accident cover underwriting for HL Singapore taxi passengers

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ComfortDelGro Taxi and HL Assurance have launched an accident insurance product for taxi passengers in Singapore.

The product, known as ComfortProtect, is only available to passengers who book ComfortRIDE and launch the policy through the ComfortDelGro taxi booking app. For a 30 cent premium, it provides coverage for personal accidents such as accidental deaths and permanent disability lasting up to SG $ 50,000 for 24 hours, starting from the time the passenger boarded the taxi.

The policy will pay an SG $ 500 in cash if the insured tests positive (via RT-PCR test) for Covid-1 for within 14 days from the date of the ride, and if the passenger is hospitalized for at least one consecutive period. Three days after the positive test for this.

“This partnership with ComfortDelgro Taxi will cement the vision of becoming a customer-centric general insurer for all our customers,” said Kelvin Lim, CEO of HL Assurance. “This micro-insurance, built on a stackable concept, is the first of its kind in Singapore and a milestone for both organizations, as we reach out to ensure adequate insurance coverage to serve our customers collectively and on the go.”

Aung Wei Neng, CEO of ComfortDelGro Taxi, said, “The welfare of our passengers is a priority, which is why ComfortDelGro Taxi is offering ComfortProtect, which covers both Personal Accident and Covid-1 at a very affordable premium.” “Unlike other ride healing options, where 30 cents is a platform fee, the amount our passengers pay is for their convenience. As the only point-to-point transport operator providing this insurance, we hope it will give our passengers peace of mind when they board our taxi এবং and beyond.

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