FWD Singapore partners with Ryde Technologies to offer its ride-hailing customers free insurance coverage against accidental death suffered during their trip.
For the first time in Singapore, customers can also get compensated if they lose their identification documents or have their trips disrupted due to accidents.
Ryde will offer the coverage by FWD for free to all Ryde customers until the end of June 2022 when they book an eligible service on its mobile app.
How this free protection works:
- Trip is disrupted due to an accident and you require emergency assistance – S$20 worth of Ryde Wallet credits per trip for passenger who booked the ride
- You lose your personal ID (passport, NRIC or driving licence) – Up to S$200 per trip for passenger who booked the ride
- You suffer an injury due to an accident that results in death – S$10,000 per passenger
Terence Zou, Founder and CEO of Ryde, said, “We believe in making daily commute better for all, and one of the ways we can do this is by ensuring customers who book our rides enjoy peace of mind during their journeys with us.
“In this regard, we are glad to embark on this strategic partnership with FWD and look forward to other opportunities in future.”
Ryde currently has more than 10,000 driver partners on its platform and has been downloaded by more than 700,000 users.
