Go-Jek partners with insurtech firm Gigacover to provide driver insurance

It will cover driver-partners for medical leave of up to 21 days and hospitalisation leave of up to 84 days.

Go-Jek has inked an exclusive strategic partnership with insurtech firm Gigacover, which specialises on the protection needs of freelancers, to launch an insurance scheme that covers all its driver-partners, an announcement revealed.

Under the scheme, all Go-Jek driver-partners could receive a standard earnings protection coverage of $80 per day. The scheme, which was designed in collaboration with the National Private Hire Vehicles Association (NPHVA) Singapore, will cover driver-partners for medical leave of up to 21 days and hospitalisation leave of up to 84 days based on what is offered to private-hire drivers in Singapore.

“Going by Gigacover’s records, road accidents involving private-hire drivers have resulted in the latter being hospitalised for as long as 70 days,” Go-Jek said in a statement.

To qualify for the coverage, driver-partners need to pay a single, subsidised monthly rate to Gigacover, depending on their age, whilst top active driver-partners will enjoy free coverage paid for by Go-Jek on a quarterly basis.

The new scheme is said to be part of Go-Jek’s vision to deliver better earnings protection to its driver-partners which is in line with the recommendation by the Tripartite Workgroup on Self-Employed Persons for insurance that will cover the loss of income due to prolonged illness or injury.

Go-Jek’s earnings protection scheme will take effect from 1 April 2019.