foodpanda announced that it has partnered with regional insurtech Igloo to offer an added benefit to riders amidst the risks of making a delivery.
The insurance benefit comes under the PandaCare Protection Program, serving as an added layer of protection to help minimize risk and make accidental loss more manageable for foodpanda riders.
The program lists several key benefits, with foodpanda set to shoulder all protection expenses on behalf of its riders.
Benefits include accidental death at PhP125,000, accidental dismemberment at PhP125,000, medical reimbursement at PhP5,000, hospital assistance for 10 days at PhP500, and burial expense at PhP5,000.
According to foodpanda Philippines Managing Director Daniel Marogy, the initiative preludes more projects to come next year to assist riders, their way to show their commitment to keeping their riders safe while protecting their livelihoods.
“The PandaCare Protection Program is just the beginning of our plans for our riders as we shift towards a long-term and sustainable initiative for them in the year 2022. This is our way to show appreciation, especially we will not be here without the commitment and resilience of our partner riders.” Marogy said.
Adds Mario Berta, Country Head for Igloo, “We are delighted to extend Igloo’s partnership with foodpanda in Singapore and Thailand to now include The Philippines, to offer protection to this very important segment of the gig economy.”
On top of presenting riders with an honest livelihood, foodpanda consistently rolls out projects designed to give them an easier, safer, and more enriching delivery experience. These include extending perks and privileges at partner establishments such as gasoline stations and motorcycle shops, as well as providing top-performers with rewarding incentives through the PandaQuest program.
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