Accustomed to the low-crime rate at home, Singapore citizens are often warned to be on their guard against robbery and loss when travelling abroad. Now, thanks to a new digital app from KoverNow, they can quickly and easily insure their camera, jewellery, watches or any other personal items of value just for the period of their vacation.
Subscription-based services are the most in-demand business model, with 78% of adults globally enrolled in a subscription service of a kind according to Zuora’s Subscription Economy Index report in 2021. The survey also revealed that three out of four people believe that in the future, people will subscribe more to services.
KoverNow has announced a new service specifically designed to fully insure luxury watches on-demand, only as and when it is needed, for trips abroad, special occasions where an expensive watch will be worn, or similar requirements.
WatchBox, a leading luxury watch retailer in Singapore, is now offering KoverNow´s easy to use insurance app-based services to its customers. The KoverNow Retail Initiative targets merchants specialising in luxury products like cameras, jewellery, handbags and watches. This allows merchants – at no cost – to offer value enhancing services to their customers at the point of sale.
KoverNow has announced that its first Android app along with an enhanced version of its existing iOS app, both providing an easy-to-use interface and services aimed at consumers living in Singapore.
KoverNow´s app enables consumers living in Singapore to purchase insurance cover for watches, jewellery, electronics, handbags and cameras, with more categories, such as Pet, Mobility and Travel, and an app version for Android, to be added to the KoverNow ecosystem in coming months.
