NEW
YORK, Sept. 15, 2022 /PRNewswire/ --
BlinkSM by Chubb® announced today the
launch of Blink Paycheck, a new income protection insurance product
that can help keep consumers' lives on track when they are sick or
injured and unable to work.
Blink is a suite of Chubb-backed consumer insurance products
that the company's affinity and digital broker partners offer to
their customers, enhancing and enabling their own products and
services with relevant offerings that deepen customer relationships
and loyalty. Chubb is the world's largest publicly traded property
and casualty insurer.
Currently available in 37 states, Blink Paycheck provides
benefits of up to $2,500 per month if
a person cannot work due to an injury or illness and is under a
doctor's care.
"The nature of work shifted dramatically during the pandemic,
with significant growth of the gig economy and many freelancers
working without employer-sponsored benefits," said Leslie Marshall, Senior Vice President, Head of
Blink by Chubb. "Blink Paycheck can provide gig marketplaces with a
much-needed income protection safety net for their providers and
independent workers in the event they are sick or hurt and can't
work."
Blink market research found that for many self-employed workers,
insurance isn't just about protecting themselves, it's also about
providing for their family. Blink Paycheck provides freelancers and
gig workers with peace of mind that they'll have benefits that can
be used to continue to meet their financial responsibilities like
rent, car loans and monthly groceries if they are unable to work
because of sickness or injury. One of the main benefits of income
protection is the customer is in charge of how they spend their
benefit.
Through the use of application programming interface (API)
integration, gig economy platforms, affinity partners and digital
brokers can quickly and easily embed Blink Paycheck income
protection as well as Blink Cyber directly into their digital
environment, providing added value to workers and digitally savvy
consumers with straightforward terms of insurance coverage.
For more information about adding Blink Paycheck or Blink Cyber
to your company's core products and services, or to get a quote for
Blink cyber protection, visit www.blinkinsured.com or email
partners@blinkinsured.com (currently not available in all
states).
About Chubb
Chubb is the world's largest publicly traded property and
casualty insurance company. With operations in 54 countries and
territories, Chubb provides commercial and personal property and
casualty insurance, personal accident and supplemental health
insurance, reinsurance and life insurance to a diverse group of
clients. As an underwriting company, we assess, assume and manage
risk with insight and discipline. We service and pay our claims
fairly and promptly. The company is also defined by its extensive
product and service offerings, broad distribution capabilities,
exceptional financial strength and local operations globally.
Parent company Chubb Limited is listed on the New York Stock
Exchange (NYSE: CB) and is a component of the S&P 500 index.
Chubb maintains executive offices in Zurich, New
York, London, Paris and other locations, and employs
approximately 34,000 people worldwide. Additional information can
be found at: www.chubb.com
Blink Paycheck is underwritten by Combined Insurance Company of
America, a Chubb company.
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SOURCE Chubb