Bolt, the ride-hailing company, has introduced a trip health insurance product in partnership with AIICO Insurance and AutoGenius (a digital insurance platform).
The insurance, called Bolt Trip Protection covers medical expenses for passengers and drivers in cases of accident injuries. In 2018, Uber did the same using AXA Mansard. Ride-hailers consider their drivers to be independent contractors, which initially made them overlook the provision of health insurance.
The insurance is said to be available in all 11 cities where Bolt operates across the country at no cost to passengers and drivers.
Drivers are still required to cover expenses related to their cars, including insurance, repairs and fuel.
Femi Akin-Laguda, country manager at Bolt Nigeria, said the indemnification is aimed at giving a sense of comfort and safety to customers.
“At the heart of our mission to revolutionise the way people move in their cities is our desire to provide a safe community for both our drivers and passengers. This insurance cover will give both drivers and riders an even greater sense of security, confidence and assurance when they drive or ride with Bolt,” a statement quoted him to have said.
In addition, Bolt said it has launched a safety campaign themed ‘Plate.Face.Share’ to remind passengers to verify the details on the app against the driver’s identity.
Bolt, previously known as Taxify, is the leading European transportation platform providing ride-hailing and scooter-sharing services. The company’s mission is to make urban travel easier, quicker and more reliable.