Nigerian mobility startup Treepz launches insurance program for car rentals in Africa
Treepz, the African car-sharing and rental marketplace is introducing an insurance program for car rentals in the continent. The program, known as Treepz Care, has been launched in partnership with insurtech startup Octamile.
Treepz says the insurance program revolutionizes travel and mobility across the continent, offering comprehensive coverage and peace of mind to its vibrant community of guests and hosts.
Treepz Care encompasses various insurance services like, Guest Protection which
covers accidents, including death, bodily injuries, and disabilities. Benefits include death benefits, permanent disability coverage, and medical expenses. Host Protection which features driver accident insurance with coverage for accidents, including death, bodily injuries, and disabilities. Benefits comprise death benefits, permanent disability coverage, and medical expenses.
Other services are Comprehensive Insurance which offers coverage for own vehicle damage, third-party liability, and theft. Benefits include repair or replacement in case of an accident and replacement or payment in case of theft. There is also 3rd Party Insurance for Vehicle Owners which offers coverage for third-party accidents, including death, bodily injuries, and disabilities. Benefits encompass funeral expenses, medical expenses, and compensation for the loss of personal belongings.
‘’We are delighted to partner with Octamile, a company that has established itself as a leader in the digital insurance industry over the years, to introduce Treepz Care, its insurance program designed for the users of its marketplace—both guests and hosts.” Onyeka Akumah, CEO of Treepz said.
Gbenro Dara, CEO of Octamile, added, “Collaborating with Treepz, Africa’s largest ride-sharing marketplace, is a source of pride for us. Together, we are dedicated to providing comprehensive protection for Treepz Hosts and Guests in Nigeria, Ghana, Kenya, and Uganda. This partnership exemplifies our shared commitment to ensuring safety and peace of mind for Treepz users and furthers its mission to protect the customers of Africa’s largest digital companies.”
To streamline the insurance adoption process for guests, Treepz has seamlessly integrated guest protection coverage into the booking process, requiring no additional steps for guests to enjoy its benefits. Hosts can easily opt-in for various policy covers, including host protection, third-party vehicle insurance, and comprehensive vehicle insurance during their onboarding process, through their host account in the app, or by contacting Treepz for personalized onboarding. Please note that the liability coverage for hosts and guests varies by country.
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