Reliance General Insurance, one of India’s private general insurance companies, declared on Tuesday that it has teamed up with Swiggy, a popular on-demand delivery platform in the country. The purpose of this collaboration is to provide insurance protection tailored to the needs of Swiggy’s delivery partners.
According to a statement released by Reliance General Insurance, the company is offering health insurance, personal accident insurance, and mobile phone insurance coverage to Swiggy’s 300,000 delivery partners across India through Gallagher Insurance Brokers Pvt. Ltd.
“The insurance coverages offered by Reliance General Insurance come loaded with several essential benefits. With the Group Mediclaim policy, Swiggy’s delivery partners can avail OPD treatment, medical hospitalization, maternity cover, and many more benefits as per the eligibility criteria of the master policy,’ the firm said.
As per the statement by Reliance General Insurance, Swiggy’s delivery partners will be covered for accidental death and accidental permanent partial disablement under the group personal accident policy. Moreover, the insured partner will receive a loss of pay benefit while recovering from accidental temporary total disablement.
To ensure that delivery partners are financially protected while carrying out their work, Reliance General Insurance is extending coverage for accidental damage to their mobile phones. This is important since the mobile phone is a vital tool used by the delivery partners throughout their delivery journey.
Excited about the initiative, Anand Singhi, Chief Distribution Officer, Reliance General Insurance, said, “The delivery partners represent India’s fast-growing gig economy. We jointly recognized the need for a robust insurance product for the gig workers and developed just that together. Our insurance coverage ensures gig workers’ financial protection and increases their propensity to avail timely healthcare.”
“Swiggy was one of the first platforms to offer a well-rounded insurance product spanning accident and hospitalization, Covid and other illnesses, maternity cover, paid recovery time-off, and mobile insurance to name a few. To continue these industry-best benefits, we have now partnered with Reliance General Insurance so our partners know that Swiggy will always have their backs,” said Kedar Gokhale, VP of Operations at Swiggy.
Yashesh Sampat, Head – Affinity & Association, Gallagher Insurance Brokers Pvt. Ltd., said, “The aim is to introduce the concept of insurance for delivery partners that will positively impact their lives and support their livelihood. The simplicity of the product and easy access to claims service, the technology platform will help them to experience insurance in the best possible way.”
