Ola facilitates the issue of 20 million in-trip micro-insurance policies

The ride-hailing firm offers insurance for lost baggage, accidental medical expenses, loss or damage to a laptop and emergency hotel requirement

Ride-hailing company Ola said that it has achieved a unique milestone of facilitating the issue of 20 million in-trip micro-insurance policies to its customers every month under its flagship and industry-first programme, in association with a new age insurer. The product was designed to cater to the needs of customers during their cab rides, specifically for city rides and outstation rides on the Ola platform.

Launched in April last year, Ola said the in-trip insurance saw acceptance from all age groups with key metros like Bengaluru, Delhi, Chennai and Mumbai registering the fastest adoption growth rates.

“This unique micro-insurance program has been