Jkopay Co (街口電子支付) has partnered with a Hong Kong-based insurance technology company to enable its users to buy insurance policies online via its electronic payment tool, the company said yesterday.
In cooperation with Bolttech Management Ltd, Jkopay is offering three vaccine insurance policies from Fubon Insurance Co (富邦產險) on its platform and would provide customers with reward points, it said.
“Although it is not the first time that an e-payment company is cooperating with an insurer to sell insurance products, our service is more convenient,” Jkopay said.
Jkopay said its users do not need to register as members of Fubon Insurance to buy
New Fubon, Chubb policies cover side effects from COVID-19 vaccinations
By Kao Shih-ching / Staff reporter
The Financial Supervisory Commission yesterday gave Fubon Insurance Co (富邦產險) and Chubb Corp Taiwan (美商安達產險台灣) its approval to sell from today insurance policies that provide coverage to people experiencing serious side effects from COVID-19 vaccines.
Chubb’s product would pay compensation if a policyholder experiences side effects that require hospitalization or a stay in an intensive care unit (ICU), or if they die within 90 days of taking a COVID-19 vaccination, the commission said.
Fubon Insurance’s product has a shorter protection period, providing coverage for policyholders requiring treatment due to side effects within 14 days of being given a COVID-19 shot, the commission said.
Vaccine insurance plans to go on sale Friday
04/15/2021 10:19 PM
A medical worker receives a COVID-19 vaccine shot. CNA file photo for illustrative purposes only
Taipei, April 15 (CNA) Two insurance companies in Taiwan will begin selling vaccine insurance plans on Friday, which will offer payments to individuals who suffer severe reactions after receiving vaccines in the country.
The two companies, Fubon Insurance and Chubb Life Taiwan, made the announcements after Taiwan s Financial Supervisory Commission approved the sales of the insurance plans on Thursday.
The plan offered by Fubon Insurance will cover all vaccines that a client gets within the insured period, as long as the vaccines are legally administered in Taiwan.