Ola unveils in-trip insurance: Cost starts at Re 1, covers up to Rs 500,000

Apart from Acko, Ola has also partnered with ICICI Lombard General Insurance; the partnership would go live in the coming months, the company said

Homegrown ride-hailing giant Ola has launched an in-trip insurance programme for all its customers in India which will provide coverage against loss of belongings, missed flights, and medical expenses in the case of an accident starting at just Re 1.

The optional service will be available on rides taken in cabs, auto rickshaws, kaali-peeli cabs and even e-rickshaws through Ola. The company has partnered with Acko General Insurance to offer the service which will provide customers a cover of up to Rs 500,000.

“For just Rs 1, Ola customers can avail an insurance policy of Rs 500,000 which will also