10th February 2025, Kathmandu
Sagarmatha Lumbini Insurance Company has announced a new partnership with inDrive Nepal to provide accident insurance coverage for its users. This collaboration aims to deliver quick and easy insurance services, ensuring both drivers and passengers are protected in case of accidents.
inDrive Nepal Accident Insurance
Agreement Signed for Accident Insurance Coverage
Sagamatha Lumbini Insurance and inDrive Nepal have signed an agreement to provide accident insurance for inDrive users. The ceremony took place in Kathmandu, with Chanki Kshetri, CEO of Sagamatha Lumbini Insurance, and Rita Pokharel, Director of inDrive Nepal, marking the start of this collaboration. The agreement ensures that drivers and passengers on the inDrive platform will be protected.
Insurance Coverage for Drivers and Passengers
The insurance policy covers various accident scenarios. If an accident results in death, the policy will compensate up to NPR 800,000. In the case of permanent disability, the amount remains the same. The policy also covers up to NPR 80,000 for medical treatment following an accident. Additionally, minor passengers are entitled to 50% of the compensation, ensuring protection for young travelers.
Efficient and Accessible Insurance Process
This partnership aims to simplify the insurance process for inDrive users. The goal is to provide a smooth experience, making it easy for users to access coverage during their trips. Sagamatha Lumbini Insurance wants to create a safer, more convenient travel experience for all.
Impact on inDrive Users
The insurance coverage will enhance user confidence in inDrive. Drivers and passengers can now travel with peace of mind, knowing they are financially protected. This service is expected to attract more users to the platform, further cementing inDrive’s reputation as a safe, reliable transportation choice.
Future Outlook
This collaboration reflects the growing trend of integrating insurance with technology. It sets a new standard, making insurance more accessible and efficient for the public. Sagamatha Lumbini Insurance and inDrive Nepal hope their partnership will inspire others in the industry.
In conclusion, this partnership is expected to improve both the ride-hailing and insurance sectors in Nepal, offering much-needed accident coverage to users.
For more: inDrive Nepal Accident Insurance