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Sep, 29 2018

UberEats collaborates with Tata AIG to offer insurance covers for delivery executives

The insurance programme provides Uber Eats delivery partners for up to Rs 5 lakh against accidental death or permanent disability.

Food-delivery firm UberEats has collaborated with Tata AIG, a general insurance provider, for offering comprehensive insurance covers to its delivery fleets in India. 

The insurance programme provides Uber Eats delivery partners for up to Rs 5 lakh against accidental death or permanent disability. The programme is applicable when delivery executives are on the road providing delivery services through the Uber Eats App.

The policy also offers Rs 2 lakh in medical expenses and outpatient cost of Rs 50,000. It covers all delivery personnel across 29 Indian cities, where UberEats is present in.

Deepak Reddy, Head of Central Operations, UberEats India, said, "While the programme currently offers accidental insurance, we are thinking of extending it to areas relating to life and medical insurance. We are also running small pilots to negotiate term policies for agents in their individual capacity, at attractive rates due to the scale of UberEats' platform."

Parag Ved, Executive Vice President & Head, Consumer Lines, Tata AIG, said, "Our expertise in risk understanding and knowledge of various industries has helped us build insurance solutions that are relevant to diverse consumer needs. Today's new age business ecosystems provide an opportunity for us to develop innovative product constructs that delivers value to the end consumer. We believe that this product will surely add to 'building a rewarding experience' ethos for Uber Eats and their delivery partners."

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