Gojek has partnered Gigacover, a Singapore-based insurance technology company focused on protecting freelancers, to launch an insurance scheme that covers all its driver-partners.
As part of the scheme, all driver-partners can enjoy a standard earnings protection coverage of SGD80 per day, Gojek said in a press statement on February 26.
To qualify for the coverage, driver-partners need only to pay a single, subsidised monthly rate to Gigacover, depending on their age. Top active driver-partners will enjoy free coverage paid for by Gojek on a quarterly basis.
Designed in close consultation with the National Private Hire Vehicles Association (NPHVA) Singapore, GOJEK’s scheme will cover driver-partners for medical leave of up to 21 days and hospitalisation leave of up to 84 days. The scheme will take effect from April 1, 2019.
“We are encouraged that GOJEK has worked with an insurer to develop a Prolonged Medical Leave insurance product to provide coverage for its drivers. We welcome the growing support among transport operators to protect their self-employed drivers," a spokesperson from the Ministry of Manpower commented.
Lien Choong Luen, general manager of GOJEK Singapore, said, “Life throws curveballs sometimes; we don’t know what’s around the corner. GOJEK’s partnership with Gigacover is designed to provide peace of mind for our driver-partners, so that they can focus on their work without worries."
Chua Cheng Xun, co-founder of Gigacover, added, “Our mission is to create simple, flexible and affordable insurance for freelancers, and we are thrilled to partner GOJEK, whose driver-partners form a huge part of Singapore’s gig economy.