New Delhi: Cab aggregator Ola on Thursday said it will offer in-trip insurance cover to riders, who can avail the service by paying Re 1 for intra-city travel.
The benefits of Ola's ‘Chalo befikar’ insurance program will be applicable all categories viz. cabs, auto, kaali-peeli, and e-rickshaw.
Ola has partnered with Acko General Insurance and ICICI Lombard General Insurance to launch the program across over 110 cities in the country, Ola said.
A user booking an Ola ride can opt for an in-trip insurance cover while booking the ride at a premium of Re 1 for all intra-city travel Rs 10 for Ola Rentals and Rs 15 for Ola Outstation.
The company, which already offers an insurance programme to its driver partners, will offer an opt-in insurance policy of Rs 5 lakh as well as cover for missed flights and loss of baggage, it added.
The insurance program provides benefits in cases of loss of baggage or laptops, missed flights, accidental medical expense, ambulance transportation cover. The programme is being rolled out for customers in major metros and will be scaled up to all cities, covering the entire base in the coming weeks, Ola said.
The optional in-trip insurance program can be purchased through the Ola app. The claims can be made through the Ola app as well as Acko’s website, mobile app and, call center.
Vishal Kaul, Chief Operating Officer at Ola said, “The launch of this initiative, a first of its kind in India, reiterates our resolve of building customer-first solutions.”
Varun Dua, Founder and CEO, Acko General Insurance Ltd. said, “Together with Ola we have created a first of its kind in-trip insurance that would be of great value to millions of Ola users and would ensure that their daily commute is stress-free.”