Treepz, Africa’s leading car-sharing marketplace, has entered into a strategic partnership with Octamile, a pioneer in African insurtech solutions, to introduce Treepz Care—a comprehensive insurance program designed to offer peace of mind and extensive coverage to Treepz’s community of guests and hosts.
The partnership promises to improve the standards of safety and assurance for every customer hitting the roads, whether they be Individuals or businesses. “Imagine hopping into a rented car, knowing you’re fully covered insurance-wise, no matter where the roads or adventure takes you. That’s the magic Octamile and Treepz are bringing to the table,” Damilare Talabi, Head of Product, wrote in the press release.
Treepz Care encompasses a range of insurance services tailored to both guests and hosts, including:
- Guest Protection: This coverage includes protection against accidents, including death, bodily injuries, and disabilities. Benefits encompass death benefits, permanent disability coverage, and medical expenses.
- Host Protection: Designed for drivers, this insurance provides coverage for accidents, including death, bodily injuries, and disabilities. It includes benefits such as death benefits, permanent disability coverage, and medical expenses.
- Comprehensive Insurance: This covers damage to the user’s vehicle, third-party liability, and theft. Benefits include repair or replacement in case of an accident and replacement or payment in case of theft.
- 3rd Party Insurance for Vehicle Owners: Offering coverage for third-party accidents, including death, bodily injuries, and disabilities, this insurance includes benefits like funeral expenses, medical costs, and compensation for the loss of personal belongings.
To simplify the insurance adoption process for guests, Treepz has seamlessly integrated guest protection coverage into the booking process, eliminating the need for additional steps to enjoy its benefits.
Hosts have the option to choose various policy covers during their onboarding process, including host protection, third-party vehicle insurance, and comprehensive vehicle insurance. They can also manage their insurance preferences through their host account in the app or by contacting business@treepz.com for personalised onboarding.
The collaboration serves as a safeguard, instilling a sense of security and assurance in commuters throughout Nigeria, Kenya, Uganda, and Ghana. The integration of insurance within the Treepz platform simplifies the process of ensuring the safety of travelers, commuters, and drivers. At its core, this partnership embodies innovation, introducing ‘Treepz Care’ – an extensive insurance coverage meticulously customised to cater to the distinct requirements of Treepz car rental services.
Last year, Tangerine Africa and Cosharis Motors announced a similar partnership aimed at harnessing innovation to enhance the accessibility of insurance within the country’s automobile sector. Customers who make vehicle purchases from Coscharis will have the opportunity to benefit from top-tier automobile after-sales service and comprehensive insurance coverage.
