Global and one of the famous taxi service provider Uber on Tuesday launched India’s first ride sharing insurance program that is expected to cover protection about 4.5 lakh driver partners across the country.
This program was rolled out in partnership with ICICI Lombard General Insurance. It was launched on the same day when Uber completed 4 years in India.
Policy holders can avail free coverage for accidental death and disablement, hospitalization, and outpatient medical treatment in case of an accident while online on the Uber App and will be available for trip requests, en route or on a trip with Uber.
Pradeep Parameswaran (Head of Central Operations, India) Uber, said a driver-partner would be covered for Rs. 5 lakh for accidental death; up to Rs. 5 lakh for permanent disability; up to Rs. 2 lakh for hospitalization with a sub-limit of Rs. 50,000 for outpatient treatment.
This is one of the major steps for drivers in this industry. Drivers are the one drives us one to another place with full sincerity.
Pradeep Parameswaran also said that safety is most important part and being an organization we do take care of our partners and employees.
Cover under this program will go live as of September 1, 2017.
Managing Director and CEO of ICICI Lombard General Insurance said that It was a pleasure to partner with Uber India.
Uber offers this type of covers out of India as well. Like, Myanmar and Indonesia, But it is not in most of the countries or in the US. India is the largest market that is why it was introduced.
Stay Safe !!