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UberEats ties up with Tata AIG to offer insurance to delivery fleet

The policy also provides a cover of Rs 2 lakh against hospitalisation expenses and an outpatient cover of Rs 50,000 per delivery agent.

, ET Bureau|
Sep 17, 2018, 09.24 AM IST
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UberEats
UberEats said it is growing its fleet size by about 70% each month. The insurance programme will cover all riders across the 29 Indian cities UberEats is present in.
MUMBAI: Food-delivery firm UberEats has partnered with general insurance provider Tata AIG to offer comprehensive insurance covers for its delivery executives in India.

The programme insures the executives for up to Rs 5 lakh against accidental death and permanent disability, applicable when they are on the road delivering orders for UberEats.

The policy also provides a cover of Rs 2 lakh against hospitalisation expenses and an outpatient cover of Rs 50,000 per delivery agent.

While UberEats declined to comment on the number of delivery executives on the platform, industry sources peg the firm’s India fleet to be over 12,000.

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UberEats said it is growing its fleet size by about 70% each month.

The insurance programme will cover all riders across the 29 Indian cities UberEats is present in.

“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,” said Deepak Reddy, head of central operations, UberEats India.

UberEats clocks over 3 million monthly orders and has been incentivising both customers and restaurants as it looks to scale aggressively in a market dominated by Swiggy and Zomato.

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