Ola to Provide Free Family Medical Insurance for All Drivers on its Platform

By: | Published: September 2, 2015 6:30 AM

Ola, India’s most popular mobile app for personal transportation, today announced free family medical insurance for all drivers on its platform.

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 Rs 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 have 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 Rs 100 cr towards investment in the driver ecosystem to help nurture them as entrepreneurs. From a 24×7 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.

About Ola –

Founded in Jan 2011 by IIT Bombay alumni Bhavish Aggarwal and Ankit Bhati, Ola (formerly Olacabs), is India’s most popular mobile app for personal transportation. Ola integrates city transportation for customers and driver partners onto a mobile technology platform ensuring convenient, transparent and quick service fulfilment. Ola is committed to its mission of building mobility for a billion people. Using the Ola mobile app, users across 100+ cities can book from over 250,000 vehicles, including cabs, auto-rickshaws and Kaali-Peeli taxis in Mumbai. The app is available on Windows, Android and iOS platforms. Ola recently acquired TaxiForSure, India’s second largest cab aggregator, which continues to operate as an independent brand. Please visit www.olacabs.com for more information.

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