Uber Singapore to provide drivers with low-cost insurance plan

Health and income cover among several changes to be introduced to benefit drivers

Uber Singapore to provide drivers with low-cost insurance plan

Insurance News

By Gabriel Olano

Uber Singapore is providing its drivers with an optional insurance plan to cover medical costs and loss of income in case they are incapacitated and unable to drive.

This and other changes were announced by Uber Singapore’s head of operations, Jonathan Wong, at the end of the ride-hailing company’s “90 Days of Change” campaign.

The insurance plan, which is being offered in cooperation with NTUC and Aon, costs 22 cents a day.

Gazali bin Ahmed, an Uber driver-partner, currently pays SGD$25 a month for his personal insurance plan. He said that he is interested in the new plan offered by Uber.

“[The price] is very competitive, so I might consider just dropping the other one and getting this,” Gazali, a former taxi driver, told Business Insider.

Aside from insurance, Uber has announced other changes for its drivers, such as fuel rebates with partner gasoline stations, quicker processing time for weekly earnings, and opportunities to link-up with advertising agencies to display ad decals or merchandise in the cars to earn additional income.

Uber’s campaign, which kicked off in November, sought to address three main concerns of its drivers – flexibility, experience, and earnings. According to Wong, Uber will introduce more changes in the future, in order to meet its driver-partners’ “ever-changing” needs.

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Uber to boost Indian drivers with free insurance
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