Saturday, February 15, 2025

InDrive introduces accident insurance

Kathmandu, Feb. 14

InDrive, a mobility and urban services platform, has introduced accidental insurance for passengers and drivers.

According to the company, the insurance implemented in collaboration with Sagarmatha Lumbini Insurance Company Limited (SALICO) aims to enhance safety and provide financial security to both drivers and passengers in case of unforeseen incidents during their rides.

Rita Pokharel, Country Representative of inDrive Nepal, and Chunky Chhetry, CEO of SALICO signed the agreement to this effect.

Under this agreement, Rs. 800,000 will be provided in case of death or permanent total disability of drivers or passengers.

Likewise, up to Rs. 80,000 will be reimbursed for medical treatment expenses incurred due to an accident. For minor passengers, the compensation will be 50 per cent of the insured amount.

Pokharel said that the insurance service will provide riders and passengers with peace of mind, allowing them to travel with confidence.

"This insurance coverage will provide essential financial protection, reinforcing our dedication to creating a secure ride-hailing environment in Nepal,” she said.

The inDrive app has been downloaded over 240 million times, and was the second most downloaded mobility app in 2022 and 2023. In addition to ride-hailing, inDrive provides urban services including intercity transportation and delivery.

Published in The Rising Nepal daily on 15 February 2025.  

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