Considering the high rate of motorbike accidents and the road safety situation in the country, the widely popular ride-hailing service, Bykea, is now offering insurance coverage to all its customers if they meet any unfortunate road accident while using its service.
According to research, bikes are five times more likely to meet accidents than a normal four-wheel vehicle, making the rider and the passenger vulnerable to life-threatening injuries. The insurance offered by Bykea in partnership with the State Life of Pakistan covers hospital charges, injury-treatment charges, and compensates the bereaved families in case of human lives lost.
The Bykea users now have the option to pay a nominal amount on each bike taxi trip to get themselves an insurance cover of PKR 25,000 for hospitalization and injuries. In case, the accident results in a tragic death or causes permanent disability to the user, his/her next of kin will be eligible to receive PKR 400,000 in lieu of the life insurance cover.
Rafiq Malik, Chief Operating Officer, Bykea, said,
“We are constantly trying to provide access to services leveraging technology for the middle class in Pakistan. We feel our partnership with State Life of Pakistan is a first in offering coverage to the most vulnerable on the roads in Pakistan and we hope that in the odd instances of road accidents, our customers are covered when traveling using our platform.”
Shoaib Javed Hussain, Chairperson, State Life Insurance Corporation of Pakistan...
Read Full Story: https://www.techjuice.pk/bike-rides-made-safe-with-customers-life-insurance/
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