SINGAPORE - Media OutReach - 12 August 2020 - Chubb announced today the launch of Recover & Return Insurance, amarket-leading group insurance plan for businesses in Singapore. With  countries and territories beginning to emergefrom lockdowns, businesses need to consider establishing risk mitigation plansto protect workforces when they return to traditional workplaces.  

Chubb's Recover & ReturnInsurance is designed specifically for employers to care for the health, safety andwell-being of their employees so that they can return to their workspace withconfidence.

Highlights of this productinclude lump sum payouts upon diagnosis of COVID-19 for the following^[1]:

Benefits for the employee -

1.      Admission to hospital.

2.      Admission to the Intensive Care Unit.

3.      Family bereavement in the event of thedemise of an insured employee.

Benefits for the employer -

1.      Counselling for employees should acolleague working nearby be diagnosed with COVID-19.

2.      Workplace disinfection.

Ben Howell, Deputy Head ofAccident & Health at Chubb in Asia Pacific said, "We recognise theneed to enhance the confidence of companies and theiremployees as they return to their traditional workplaces. The Recover &Return Insurance complements our Work from Home Insurance launched recently.Both insurance products address the concerns of employers in providing sustainedcare for their employees in the new normal, whether working from home or theirtraditional workplace."

About Chubb

Chubb is the world's largest publicly tradedproperty and casualty insurer. Chubb Insurance Singapore Limited, via acquisitionsby its predecessor companies, has been present in Singapore since 1948. Chubbin Singapore provides underwriting and risk management expertise for all majorclasses of general insurance. The company's product offerings include FinancialLines, Casualty, Property, Marine, Industry Practices as well as Groupinsurance solutions for large corporates, multinationals, small andmedium-sized businesses. In addition, to meet the evolving needs of consumers,it also offers a suite of tailored Accident & Health and Personal &Specialty insurance options through a multitude of distribution channelsincluding bancassurance, independent distribution partners and affinitypartnerships.

Over the years, Chubb in Singapore hasestablished strong client relationships by delivering responsive service,developing innovative products and providing market leadership built onfinancial strength.

More information can be found at www.chubb.com/sg.