Bykea, Pakistan’s popular super app for mobility, commerce, and payments, has partnered with the country’s leading life insurance company EFU Life Assurance Ltd. to offer In-Ride Takaful Protection to the customers and driver-partners of Bykea.
Through this partnership, Bykea expands the safety blanket for its driver-partners and customers through Takaful to offer hospitalization and life protection. The customers and driver-partners are covered through a unique and innovative Takaful partnership with EFU Life.
The customers and driver-partners can now opt for an optional Takaful-coverage feature with a nominal charge and get coverage during Bykea rides.The customers and driver-partners, through this option, will be protected in case of any misfortune due to a road incident to cover for hospitalization or demise.
In case of road injury, the customer and driver-partner will be secured for hospitalization or healthcare expenses up to PKR 25,000. In case of an unfortunate fatality, the family of the affected customer or driver-partner will be offered PKR 500,000 to facilitate them through the immediate difficult times.