Beam, which was founded in Singapore in 2018 and now operates in six markets, just announced they will begin providing personal accident insurance coverage through a new partnership with Aon.
The new feature is extended to all its e-scooter riders across Singapore, Malaysia, Australia and New Zealand with immediate effect.
This makes Beam the first company to introduce a multi-market rider protection programme in the mobility sharing industry. Riders can be covered for a range of events like bone fractures, loss of teeth, and loss or damage to personal belongings.
It includes a $50,000 coverage for accidental death, or up to $50,000 for permanent disablement caused while riding a Beam e-scooter. Beam will also cover up to $2,000 in medical expenses, up to $1,000 for fractured bones, and $250 per tooth lost up to $1,000, if their riders get into an accident. Riders who suffer loss or damage of their personal belonging due to an assault while they’re riding a Beam e-scooter can claim up to $5,000.
For more information, see their Beam insurance page.
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