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UberEats, Tata AIG tie up to provide insurance to delivery executives

UberEats has tied-up with Tata AIG for offering comprehensive insurance covers to its delivery executives in India.
BY BEx Bureau
BusinessEx
Sep 18, 2018

UberEats, a food-delivery firm, has tied-up with Tata AIG, the general insurance provider, for offering comprehensive insurance covers to its delivery executives in India.

The insurance is given to the executives for up to the amount of Rs 5 lakh in case of accidental death or permanent disability. It is only applicable when the fleets are on the road for UberEats deliveries.

The policy also covers Rs 2 lakh in medical expenses and an outpatient cost of Rs 50,000 per delivery agent. The insurance scheme will be made available to all UberEats delivery personnel.

The food-delivery firm is growing its fleet size by about 70% each month. It clocks more than 3 million monthly orders.

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."

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