No Result
View All Result
  • Business
  • National
  • World
  • Sports
  • Entertainment
    • ZABTHEATRE’23
  • Tech
  • Stories
  • Education
  • YourCut
  • Business
  • National
  • World
  • Sports
  • Entertainment
    • ZABTHEATRE’23
  • Tech
  • Stories
  • Education
  • YourCut
No Result
View All Result
No Result
View All Result

Bykea Bike Rides Made Safer with Customers’ Life Protection

Press Release by Press Release
December 18, 2021
in Business, Health
Reading Time: 2 mins read
bykea

Partnering with State Life Insurance Corporation of Pakistan, Bykea insures its customers against hospitalization, disability, and demise

 Karachi, December 18, 2021: Considering the high rate of motorbike accidents and the road safety situation in the country, the widely popular ride-hailing service, Bykea, is now offering insurance coverage to all its customers if they meet any unfortunate road accident while using its service.

According to research, bikes are five times more likely to meet accidents than a normal four-wheel vehicle, making the rider and the passenger vulnerable to life-threatening injuries. The insurance offered by Bykea in partnership with the State Life Insurance Corporation of Pakistan covers hospital charges, injury-treatment charges, and offers support the bereaved families in case of precious human lives lost.

The Bykea users now have the option to pay a nominal amount on each bike taxi trip to get themselves a Hospitalization Insurance and Life Protection  amounting to PKR25,000 and PKR400,000 respectively in case of unfortunate road occurrences.

Rafiq Malik, Chief Operating Officer, Bykea, said, “We are constantly trying to provide access to services leveraging technology for the middle class in Pakistan. We feel our partnership with State Life of Pakistan is a first in offering coverage to the most vulnerable on the roads in Pakistan and we hope that in the odd instances of road accidents, our customers are covered when traveling using our platform.”

Shoaib Javed Hussain, Chairperson, State Life Insurance Corporation of Pakistan at the occasion said, “This is truly a first in Pakistan of digital and protection innovation, providing social protection to working Pakistanis at a nominal price. State Life’s endeavor and vision is to transform health, life, and financial protection in Pakistan; to enable Pakistanis to achieve life goals with the confidence that State Life protects them and their families. This is the first and important step in achieving that vision through true product and tech innovation.”

“As someone who is the sole breadwinner of his family and barely manages to make ends meet, I am thankful to Bykea for introducing the customers’ protection. God forbid, if something happens to me, at least I know my family will be taken care of,” says 37-year-old Shabbir Ahmed, a resident of Gulistan-e-Jauhar.

While Bykea, along with the city administration, has been encouraging the use of a helmet for motorbike drivers and pillion riders, very few citizens have any kind of insurance cover in the event of a mishap on the road. With this optional feature on the trip, the customers now can rest easy as they get the insurance cover to make them feel safer while riding with Bykea.

The feature is available for all customers on both Android and iOS, and users can choose to opt-in for it on bike taxi (Savari) rides with a single click while booking the rides

Press Release

Press Release

Related Posts

Public Trust in Tax survey tells public’s attitude towards tax
Business

Public Trust in Tax survey: Trust, corruption & sustainable development are affecting public’s attitude towards tax

September 20, 2023
MCB Bank Limited announces Exchange Company
Business

MCB Bank Limited announces to establish Exchange Company as a wholly-owned subsidiary

September 19, 2023
Pakistan could gain US confidence, Elizabeth Horst
Business

Pakistan could gain US confidence by implementing IMF reforms, Elizabeth Horst

September 18, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

TOP NEWS

Misleading AI content on TikTok

Misleading AI content? TikTok new tools to ensure transparency

by Zain Aijaz
September 20, 2023

Amid the increasing use of Artificial Intelligence in content creation & the possibility of it being misleading or confusing, TikTok...

Sindh lifts ban on registration of private schools

Sindh govt lifts ban on registration of private schools with new rules

by Zain Aijaz
September 20, 2023

The caretaker government of Sindh has announced lifting the ban on private educational institutions registration. The provincial government has also...

Public Trust in Tax survey tells public’s attitude towards tax

Public Trust in Tax survey: Trust, corruption & sustainable development are affecting public’s attitude towards tax

by Web Desk
September 20, 2023

LAHORE: The Public Trust in Tax survey which questioned 7,700 members of the public across the globe shows that accountants...

Cheezious Opens 30th Branch in Rawalpindi

Cheezious Opens 30th Branch in Rawalpindi, Honors Pakistan Blind Cricket Team

by Web Desk
September 19, 2023

RAWALPINDI/ISLAMABAD: Cheezious, the iconic fast-food brand that has been synonymous with spreading "cheezy khushiyan" (cheesy happiness) across Pakistan since 2012,...

The Upcut is a news platform that brings you the latest news, developments from all walks of life, from all over the world. We cover Business, news from Pakistan and rest of the world, Sports, and Entertainment. You can also read Tech Reviews and How-To Guides for simple solutions and dailylife hacks.

BUSINESS   |   NATIONAL   |   WORLD   |   SPORTS   |   ENTERTAINMENT   |   TECH   |   HOW-TO GUIDES

  • Home
  • About Us
  • Privacy Policy
  • Editorial Guidelines
  • Contact Us
  • Stories

Copyright © 2022 The Upcut. All rights reserved.

No Result
View All Result
  • Business
  • National
  • World
  • Sports
  • Entertainment
    • ZABTHEATRE’23
  • Tech
  • Stories
  • Education
  • YourCut

Copyright © 2022 The Upcut. All rights reserved.

Go to mobile version