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Riders can avail in-trip insurance at Re 1 through Ola

Speed News Desk | Updated on: 5 April 2018, 13:56 IST

Ola, the online transportation company has launched its in-trip insurance programme for the Indian riders which will start at Re 1. The flight operators also provide the insurance but Ola's ‘Chalo Befikar’ and you can access the same within the app. If the customers face accident while travelling, if they lose the baggage and belongings and if a case of theft takes place in the house while the rider is outstation in an Ola cab, the insurance will be their saviour.

The insurance will be available on all the categories which includes cabs, auto, kaali-peeli, and e-rickshaw, Ola said in a statement. Ola has signed a partnership with Acko General Insurance Ltd and ICICI Lombard across 110 cities. The insurance will vary for Rs 10 for Ola Rentals and Rs 15 for Ola Outstation.

Vishal Kaul, Chief Operating Officer at Ola said, “We are thrilled to introduce in-trip insurance for our customers under the ‘Chalo Befikar’ insurance programme. The launch of this initiative, the first of its kind in India, reiterates our resolve to building customer-first solutions.”

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He also added, "The programme has also been extremely beneficial for Ola driver partners, extending the benefits to customers as well is the right step forward, bringing the entire ecosystem under this essential insurance programme."

Sanjeev Mantri, Executive Director, ICICI Lombard General Insurance Company Ltd said, “As India’s leading general insurance company, we have always been ahead in terms of introducing new-age solutions that address the emerging market dynamics and meet the requirements of India’s young and aspiring consumers. We believe that this partnership will immensely benefit Ola’s large base of customers.”

Varun Dua, Founder & CEO, Acko General Insurance Ltd. said, “ We have been able to develop an easy to understand product that is delivered seamlessly to the user. As India's first insure-tech player, we made this possible with our capabilities in product design along with our technology platform that is capable of high volume insurance transactions in real time for both policy issuance and claims management.”

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First published: 5 April 2018, 13:56 IST