Applicable to 28 cities in Southeast Asia, the policy covers events such as accidental death, permanent dismemberment and bodily injuries
Ride-hailing app GrabCar has introduced an insurance protection plan that will cover its drivers and passengers in six Southeast Asian countries.
GrabCar’s personal accident insurance policy covers events such as accidental death, permanent dismemberment and bodily injuries in the event of accidents for drivers and passengers.
The policy will be applicable to 28 cities in Malaysia, Singapore, Thailand, Vietnam, Indonesia and the Philippines.
Malaysia country manager Jaygan Fu said the “novel” insurance scheme protects both driver and rider with a compensation payment of up to RM64,000 or nearly £11,000, the Malay Mail Online reported.
Fu said each incident will be evaluated individually by insurance providers.
“As an organisation with a social mission to provide safe, convenient and reliable transportation option while improving the livelihood of drivers in Malaysia, GrabCar drivers and passengers are covered by insurance,” Fu told Malay Mail Online.
“In fact, GrabCar has the first-of-its-kind largest (in terms of coverage) insurance policy in South-east Asia which covers both parties in the countries the service is available in,” he added.
