inDrive, a global mobility and urban services platform, has partnered with Sagarmatha Lumbini Insurance Company Limited (SALICO) to launch accidental insurance for its drivers and passengers in Nepal.
The initiative aims to enhance safety and provide financial security, inDrive said in a statement.
The agreement was signed by Rita Pokharel, Country Representative of inDrive Nepal, and Chunky Chhetry, CEO of SALICO.
Under the policy, in the event of death or permanent disability, the family of the victim will receive Rs 800,000 in compensation. Additionally, up to Rs 80,000 will be reimbursed for medical expenses resulting from an accident. For minor passengers, the compensation will be 50% of the insured amount.
“We are committed to ensuring the safety and well-being of our users and driver partners,” said Pokharel. “This insurance coverage provides essential financial protection, reinforcing our dedication to a secure ride-hailing experience in Nepal.”