Tencent WeSure, Tencent Foundation Partner With China's Ministry of Civil Affairs to Provide Public Welfare and Insurance Protection Program to COVID-19 Volunteers and Community Workers in China

SHENZHEN,China,March 13,2020 -- Tencent WeSure,Tencent's insurance platform,announced it has partnered with the Ministry of Civil Affairs of the People's Republic of China and Tencent Foundation to launch nationwide Public Welfare and Insurance Protection Program. Financially supported by the Tencent Foundation and implemented by WeSure and the China Charity Alliance (CCA) of the Ministry of Civil Affairs - theprogramwill assist volunteers,social workers and Hubei province's senior care institutions prevent and control COVID-19,from March 5.

Tencent WeSure,Tencent Foundation Partner With China's Ministry of Civil Affairs to Provide Public Welfare and Insurance Protection Program to COVID-19 Volunteers and Community Workers in China

The program consists of two parts. The first part provides special financial supportfor volunteers,community workers,and social workers who have been infected as a result of participating in the prevention and control of the epidemic. Among them,those diagnosed of"severe"and "critical"infected community workerswill receive RMB 50,000 guaranteed financial support. The family members of the deceasedcommunity workers due to infected by Covid-19will receive RMB 250,000 as compensation. The second partof the programprovides special insurance protectionfrom WeSurefor all volunteers,and social workers who have been participatedin the epidemic prevention and control nationwide.

According to the Ministry of Civil Affairs,146 million volunteers are working in the field and take daily risk of getting infected through close contact with medical staff and a significant amount of residents. By March 8,53 urban and rural community workers died in the fight against the Covid-19 outbreak,which significantly raised the demand for protection on the group's safety and essential benefits.

"WeSure is actively responding to the call of the country to help prevent and control the Covid-19 outbreak," says Alan Lau,CEO of WeSure. "In full recognition of the sacrifices made by these community workers and volunteers in this race against time,WeSure is fully leveraging the advantages of Internet insurance to support these heroes,so that we can defeat this epidemic together."

Moreover,WeSure is also reviewing its previous insurance products and establishing specific policies to protect people and personnel directly affected by the outbreak. Covering three different stages- early outbreak,epidemic,and controlled decline- WeSure is providing a variety of financial and insurance products that aim to protect people's safety and rights during this unprecedented time.

Since the beginning of the outbreak,WeSure has launched efforts to support the fight against the epidemic,insuring 15 million people including medical staff,pharmacists,small merchants,frontline media reporters and WeSure's existing policyholders.WeSure joined hand with partners such as WeChat Pay,AXA Insurance,DXY.com,People's Insurance of China,TK.CN,China Pacific Insurance to provide users with a series of special outbreak protection. At present,hundreds of COVID-19 claims have been completed,with compensation exceeding 3 million yuan. The outbreak of the epidemic also has dramatically stimulated the demand for insurance products. During the pandemic,WeSureadded 25 million active users.

Utilising resources and technologies,WeSure seeks to honor the community workers and volunteers who are helping to protect the country,winning the battle against the epidemic together.

About Tencent WeSure

WeSure Insurance Ltd. is Tencent's insurance platform. Leveraging Tencent's strengths of data-driven and social connection,WeSure works with well-known insurance companies to provide users with high-quality insurance services. Users can make insurance purchases,inquiries and claims directly on the firm's vastly popular instant messaging and lifestyle platform,Tencent WeChat and QQ.

For more information,please visit Tencent WeSure'sLinkedIn page.

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