Under the leadership of new CEO Dara Khosrowshahi, Uber in India is all set to provide free insurance to its 4,50,000 registered drivers.

Under this insurance scheme, it includes accidental death, disablement, hospitalization & medical treatment. This entity will be claimable with driver’s legal documents, authorised by Uber.

Rs 500,000 after death or permanent disability, Rs 200,000 for hospitalization and Rs 50,000 limit for outpatient treatments are the main points of insurance provided to drivers. Uber is teaming up with ICICI Lombard General Insurance Co., the South Asian country’s largest private non-life insurer, to cover drivers in case of an accident while using the Uber app, en route or on an Uber trip.

However, Uber has one serious competition from Ola which offers competitive prices and cashback offers to users frequently. On another side, there are numbers of frequent users of Uber too who prefer nothing else than this San-Francisco based ride-hailing company.

Ola, which has pledged to add 5 million drivers to its platform by 2022, rolled out a medical benefits program for 500,000 registered drivers, including those for street cabs and three-wheeler autorickshaws, giving them to free health checks and accident insurance at discounted rates.

The things that drivers face while choosing between these companies are lower incentive and higher commission rates while riding through them. Although, Ola has better market share in semi-metro and tier II cities while Uber is king of metro-cities.