Grabbing an Uber? Now You Can Buy Your Own Insurance for the Ride
Jun 15, 2018
Ride-sharing passengers will be able to buy accident and death coverage in smartphone app.
Chubb Ltd. has teamed with a technology startup to sell insurance to passengers of ride-hailing services like Uber Technologies Inc. to cover medical and other costs in the event of an accident.
The startup, Sure Inc., has developed a product for passengers to purchase accident and death coverage on an on-demand, per-day basis via a smartphone application. It covers costs of injuries sustained when traveling in a ride-sharing vehicle.