Ola To Provide Free Family Medical Insurance For All Drivers On its Platform


BANGALORE: Ola, India’s most popular mobile app for personal transportation, today announced free family medical insurance for all drivers on its platform.  Ola will offer all its drivers a medical cover of an assured sum of 200,000 for themselves and their family, which will cover hospitalization and other major medical expenses. Along with the medical insurance, the company will also offer free health check-up to drivers every quarter.

These programs have already started in Hyderabad and Mumbai and has served over a thousand driver families. In the next couple of days, this program will kick-start in Bangalore, Delhi, Kolkata, Pune and Chennai followed by a phased roll out across the country in the coming weeks.

Pranay Jivrajka, Chief Operating Officer at Ola, said, “Ola’s driver partners are key stakeholders in the eco-system and their wellbeing is essential to realize our mission of mobility for a billion Indians. Using Ola’s technology, they have helped impact the lives of millions of customers who rely on the Ola app every day for their mobility needs. We are committed to the financial and personal well-being of driver partners who work with us and this initiative is a major step in that direction.”

Earlier in 2014, Ola had set aside a fund of 100 crore towards investment in the driver ecosystem to help nurture them as entrepreneurs. From a 24x7 first of its kind Partner Care helpline for drivers, Ola has introduced multiple initiatives to ensure safety, security and social wellbeing of drivers on its platform. Recently, the company had announced the first ever rewards-oriented initiative in India for drivers ‘Ola Stars,’ that included personal and professional benefits for drivers ranging from insurance, scholarship for children and skill development training for family to fuel discounts and car-servicing benefits. Prior to that, Ola had launched ‘Ola Pragati’ in partnership with leading financial institutions like SBI to offer a tailor-made financing program to help drivers to take loans at lower rates and repay on a daily basis as against EMIs. Over 250,000 drivers on the Ola platform will stand to benefit from this initiative offering free medical insurance this year.

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