Chubb Launches Work From Home Insurance for the Asia Pacific Region

Chubb Launches Work From Home Insurance for the Asia Pacific Region

by July 14, 2020

Chubb announced today the launch of their Work from Home (WFH) Insurance that they claim is a market-first in Asia Pacific. As businesses adapt to living with COVID-19 and beyond, working from home is expected to remain a part of an employee’s work-life.

Chubb’s WFH Insurance is said to have been tailored to enable employers to continue to care for the health, safety and well-being of their employees whilst they work remotely.

With this insurance, employees diagnosed with stress disorders due to working from home will receive mental health payment for their psychological counselling.

In addition to that, it also covers ergonomic injury and prevention benefits for postural injuries/strains resulting from inconsistent workstation setups. This coverage includes the event of an accidental death and permanent disability payments for slips and falls within the home from hazards.

Ben Howell

Ben Howell

Ben Howell, Deputy Head of Regional Accident & Health at Chubb in Asia Pacific said,

“Chubb anticipates that companies will continue to encourage workspace flexibility even as lockdown measures are easing across the region. Although employees have adjusted well to being digitally connected from home via videoconferencing and other applications, there are emerging risks as a result of this new work arrangement. It is timely for Chubb to launch our Work from Home Insurance to meet the evolving employee care and benefit needs.”

Earlier this year, Grab and Chubb announced the launch of Travel Cover which is a travel insurance service that Grab users can purchase within the app.

 

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