Bharatsure partners with Battery Smart to provide comprehensive insurance coverage for over 40,000 drivers and station partners

Insurtech company Bharatsure has partnered with  Battery Smart — a battery swapping network for electric two and three-wheelers, to provide health and accidental insurance coverage to over 40,000 drivers and station partners within its network. The company has informed that under this insurance program drivers and partners can avail emergency treatment, medical hospitalization, and day-care treatments, among other benefits, as per the eligibility criteria outlined.

Drivers and partners will also be covered under the accidental insurance policy to avail accidental OPD or lumpsum benefits in case of unfortunate incidents such as accidental fatality, hospitalization, 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 per cent of the Indian EV market, there is a significant increase in the numbers of gig workers and delivery drivers on the roads today. 

Battery Smart initiatives for drivers and station partners

To prioritize 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.

Speaking on the occasion, Anuj Parekh, Co-founder & CEO, Bharatsure, said, "We are happy to partner with Battery Smart to tailor-make comprehensive programs to safeguard its growing community of EV drivers and station partners across India. The insurance coverage will provide users with essential financial security, while also encouraging timely access to healthcare when needed. We are proud to be associated with Battery Smart which has taken the step to provide such security to its partners.”

Ankur Jhavery, VP-Business, Battery Smart, commented, saying, “Recognizing the need for well-rounded insurance to protect delivery drivers, gig workers, and small business owners, we look forward to working closely with Bharatsure. Its robust insurance policies will be instrumental in protecting our drivers and station partners, fostering confidence in the charge to switch to electric vehicles,” added .

In 2023, Battery Smart partnered with Zomato to organize a 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 prioritizing accident, health insurance, and retirement benefits for gig workers.