Bharatsure, an insurtech company, has partnered with Battery Smart, a battery swapping network for electric two- and three-wheelers, to provide health and accidental insurance coverage to 40,000+ drivers and station partners within its network.
Under the insurance program, drivers and partners can avail of emergency treatment, medical hospitalisation, and day-care treatments, among other benefits, as per the eligibility criteria outlined. Drivers and partners are also covered under the accidental insurance policy to avail accidental OPD or lumpsum benefits in case of unfortunate incidents such as accidental fatality, hospitalisation, and accidental permanent total and partial disablement.
As EV adoption continues to rise in India, particularly in the two- and three-wheeler segment, which makes up about 95 percent of the Indian EV market, there is a significant increase in the number of gig workers and delivery drivers on the roads today.
As per a company statement, to prioritise the safety of its drivers and station partners, Battery Smart has undertaken several initiatives, along with setting up a 24x7 support helpline and in-app reporting. The company provides practical training sessions on battery handling, charging guidelines, and emergency response.
It also offers free EV health checkups, including thorough inspections of vehicles, to proactively address any potential safety issues, reducing the risk of breakdowns or accidents.
Anuj Parekh, co-founder and CEO of Bharatsure, said, "The insurance coverage will provide users with essential financial security while also encouraging timely access to healthcare when needed.”
In 2023, Battery Smart strengthened its commitment by partnering with Zomato to organise a first-of-its-kind two-wheeler ‘EV Mela’ in Delhi to raise awareness about the positive impact of electric vehicles. With India's gig economy employing around 10–15 million people, many state governments are increasingly prioritising accident, health insurance, and retirement benefits for gig workers.
