Grab Philippines has partnered with two leading insurance brands to provide flexible insurance products for its driver-partners and loved ones.
Called Partner Cover Plus and underwritten by BPI AIA and Chubb, the partnership shields Grab partners from a wide range of safety and wellness problems that may impact their livelihoods
In a recent survey among its mobility and delivery partners, Grab Philippines discovered that only seven percent own an insurance plan.
The top reasons for skipping insurance include high premium payments, insufficient knowledge of the product, and difficulties in the claims process.
The same survey, however, also found that eight of 10 partners are keen to purchase their own insurance plan.
Grab Partner Cover Plus is Grab’s initiative to help its driver and delivery-partners overcome roadblocks in having an insurance plan for themselves and their families
“Our partners deserve to have the capability to safeguard their future while having a sustainable livelihood on our platform. We have recently rolled out our social protection program with SSS, PhilHealth, and PAGIBIG,” Grace Vera Cruz, Grab Philippines country head said.
“And we are optimistic that through cost-effective insurance solutions such as Partner Cover Plus, and our ongoing insurance programs for our partners, we are providing our partners with an opportunity for a holistic and reliable protection, so they can pursue their goals and enjoy life with greater peace of mind, ” she added.
Monthly payments for the insurance plan, which go as low as P125, are automatically deducted from clients’ Grab Driver App Wallet.
