July 24, 2024


World Business Inquiries

25,000 more delivery riders getting free life insurance

2 min read

Life insurer Manulife has offered an additional P1.25 billion worth of life insurance coverage to 25,000 more two-wheel riders from various app-based delivery platforms who continue to brave the streets to transport goods during the lockdown of Luzon and other key regions.

The free insurance coverage will be given to riders from foodpanda, Gogo Xpress, Shopee Xpress and Ninja Van.

Just last month, Manulife also extended P3 billion worth of free life insurance coverage to 60,000 Grab and Lalamove riders, protecting the riders and their families, in the event of injury or death while on duty.

Since the start of the enhanced community quarantine, app-based delivery riders have been among the frontliners carrying on with their duties amid the COVID-19 pandemic.

Manulife Philippines recognizes the importance of these delivery partners – who bring food and other necessities to Filipinos and keep businesses moving – during the quarantine period.

“It’s a privilege to be able to extend our free insurance coverage to even more delivery drivers, who help us remain safe at home while risking themselves,” said Richard Bates, president and chief executive officer of Manulife Philippines. “By delivering essentials, they also help keep companies in business, and this insurance coverage is our way of recognizing our heroic frontliners and showing how we value the work they do.”

Foodpanda, Gogo Xpress, Shopee Xpress and Ninja Van commended their riders for their commitment to help transport goods for both customers and businesses in the midst of the coronavirus outbreak.

“Our delivery riders alleviate the anxieties of both customers and SMEs (small and medium enterprises) by helping them reach each other in the most efficient and safest way possible. Manulife’s free insurance coverage for our riders rewards their sacrifices, and shows that their safety and protection are our priorities, too,” foodpanda, GoGo Xpress, Shopee Xpress and Ninja Van said in a joint statement. “It also affirms the kind of unity and support we can do for our community, so we can help protect each other when it matters the most.”

The Manufacturers Life Insurance Co. opened its doors for business in the Philippines in 1907. Since then, the Philippine unit has grown to become one of the leading life insurance companies in the country.

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