News

Chubb launches Enhanced Business Travel Smart Insurance in Hong Kong

HONG KONG,�CHINA -�Media OutReach�-�19
November 2018 -
Chubb today announced the launch of Enhanced
Business Travel Smart Insurance�
in Hong Kong.


As a global leader in
personal accident and supplemental health insurance, Chubb understands the duty
of care[1]�obligations faced by companies and
organisations. With globalisation comes the challenge of managing a mobile
workforce where fulfilling the duty of care obligations has become an important
point of differentiation for home-grown conglomerates, small and medium-sized
enterprises (SMEs) and multinationals. Chubb's Enhanced Business Travel Smart
Insurance has been developed to help companies provide relevant coverage for business
travel while affirming their reputation as responsible employers.


Some of these enhancements
include:

  1. The waiver of the age
    limit for policy issuance and renewal.
  2. Inclusion of cover for
    travel delays caused by reasons beyond the airline's control.
  3. Coverage for hairline
    fractures caused by accidents.
  4. Extension of cover up
    to pre-32nd week for expecting mothers, and
  5. Extension of 100%
    unused medical limit for follow-up treatments for 12 months[2].


The Business Travel Smart
Insurance comes with Chubb Travel Smart[3], a mobile
application and an online dashboard for risk management. The mobile app
provides medical and travel information for the business travellers. With
alerts notifying travellers of major incidents happening in their destinations,
they can plan their route better to avoid travel mishaps. With regard to the
online dashboard, risk, HR and security managers can locate and send messages
and alerts to business travellers anywhere in the world. In addition, employees
can travel with confidence with access to medical advice and 24-hour emergency
assistance.


Stanley Wong, Country
President of Chubb's general insurance business in Hong Kong said, "Our
Enhanced Business Travel Smart Insurance is well suited to meet the risk
mitigation requirements of growing companies where employees are required to
travel near and far. The product enhancements and mobile app bear testament to
our agility in responding to the changing needs in business travel and an
increasingly mobile workforce."


For more information about
Chubb Corporate Business Travel Smart Insurance, please visit
https://www.chubb.com/hk-en/business/group-business-travel-insurance.aspx.

About Chubb


Chubb is the world's largest publicly traded property
and casualty insurance company. With operations in 54 countries and territories,
Chubb provides commercial and personal property and casualty insurance,
personal accident and supplemental health insurance, reinsurance and life
insurance to a diverse group of clients. As an underwriting company, we assess,
assume and manage risk with insight and discipline. We service and pay our
claims fairly and promptly. The company is also defined by its extensive product
and service offerings, broad distribution capabilities, exceptional financial
strength and local operations globally. Parent company Chubb Limited is listed
on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500
index. Chubb maintains executive offices in Zurich, New York, London and other
locations, and employs approximately 31,000 people worldwide.

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



[1] Chubb defines 'Duty of Care'
as the legal obligation of employers to demonstrate that they have sufficient
policies, procedures and monitoring in place to minimise the risks that
employees may face while at work or travelling on business.

[2] These product highlights are
summaries only. Please see the actual policy for terms, conditions and exclusions.

[3] Complimentary offer of Chubb
Travel Smart App subject to policy effective on or before 31 January 2019.
Please visit
https://www.chubb.com/hk-en/articles/chubb-travel-smart.aspx for more details.

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