Cab aggregator Ola on Tursday has said that it will offer in-trip insurance cover to riders, who can avail the service by paying ₹ 1 for intra-city travel.
Ola has partnered with Acko General Insurance and ICICI Lombard General Insurance to launch the program across over 110 cities in the country.
It already offers an insurance programme to its driver partners, will offer an opt-in insurance policy of ₹ 5 lakh as well as cover for missed flights and loss of baggage, it added.
In-trip insurance cover will be charged at a premium of ₹ 1 per ride for intra-city travel, ₹ 10 for Ola Rentals and ₹15 for Ola outstation rides.
The facility would be available to all users, including cabs, auto, kaali-peeli, and e-rickshaws.
The programme is being rolled out for customers in major metros and will be scaled up to all cities. It will provide benefits in case of loss of baggage or laptops, missed flights, accidental medical expense, ambulance transportation cover, among other facilities
The claims can be made through the Ola app as well as the provider’s website and call centre, it added.
“The launch of this initiative, a first of its kind in India, reiterates our resolve of building customer-first solutions, Ola Chief Operating Officer Vishal Kaul said.