Razer Rolls Out Insurance Offering with FWD for Beta Users
by Fintech News Singapore October 27, 2020Razer Fintech is deepening their collaboration with FWD Singapore (FWD), by providing insurance coverage to its users in Singapore as part of the recently launched Razer Card
The former had recently collaborated with Visa, to unveil the Razer Card which will be made available to 1,337 selected users from now till 31 December, via an exclusive beta testing programme.
FWD will offer S$100,000 complimentary term life insurance coverage to each those who qualify to be Razer Premium Card holders.
Razer Fintech and FWD have previously collaborated to launch products such as the Covid-19 insurance plan that have been made available via the Razer Pay app.
In the coming months, other relevant insurance products such as cancer, critical illness and term life insurance will also be added to the platform.
Lee Li Meng
“We are excited to collaborate with our strategic partner to address and plug this crucial gap in insurance coverage for this segment. We believe that it is imperative for the youth and millennials to be adequately insured, in order for them to have a secured head start to life. This is the first of many initiatives to come where we look to further expand our product offerings to better support the needs of the underserved youth and millennials segment,”
said Lee Li Meng, Chief Executive Officer, Razer Fintech.
Khor Kee Eng
“FWD is glad to work with like-minded partners like Razer Fintech to change the way people feel about insurance. To this end, we’ve continually invested in the right technology to make the end-to-end process of getting insured simple, seamless and stress-free for our customers in Singapore, many of whom are also millennials and young working adults. In this regard, we are glad to be able to ride on our customer-led approach to benefit more people,”
said FWD Singapore CEO Khor Kee Eng.
