Financial Thoughts
Mishaps That May Happen To You If You Are A Food Delivery Rider
The food delivery service is a booming business. These huge businesses do depend on a lot of drivers on doing the job for them. Be it via motorbike, electronic devices or even bicycle, whatever it takes to get the food delivered.
Therefore with more people being on the road to earn a living, it will just take a second of distraction for an accident to happen. With that here are some mishaps that may happen while you are doing your delivery.
READ ALSO: Important Insurance For Food Delivery Riders
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Accidents can happen anytime
Every day hundreds of people are involved in an on-the-road related type of jobs. With the diversity of vehicles on the road plus the rush to reach somewhere, the odds of an accident happening do exist.
Everyone has their timelines to catch or even to rush to deliver their next order. And one small mistake can lead up to a huge accident.
Due to that accident, you could land in the hospital and have to be warded for days. Even after getting discharged, you are not able to continue working due to the severity of the injuries.
Your capability of earning an income has halted and you will be struggling just to even pay the utility bills at home.
Who knows, the money you have earned from delivering food might be the money you have put aside for the wedding venue or engagement expenses.
With that, it is only wise for you to do every single step so that you can get through and survive such difficult times.
Imagine the amount that you will spend if you are involved in an accident
When you are involved in an accident, there is a possibility that you would need medical attention.
Be it you receiving outpatient treatment or even the worst-case scenario are that you would need to be hospitalized for weeks.
If you go for outpatient treatment, you might spend from a range from $120 even a $1,000. It really depends on the severity of your injury.
On the other hand, it will cost much higher if you have to be hospitalized. A week in the hospital might cost you approximately $10,000. Once again, it will depend on how bad your situation is.
With that would you need to deep dig into your savings just to pay off the medical bills. You might even be in debt with the bank.
Sometimes, even your family will be involved and they would also need to chip just so that you can get the needed medical attention.
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And imagine the amount that you will lose on as well
As a food delivery rider, in order for you to get paid, you would need to be able to send food to the consumer. Hence if you were not able to deliver the food, you would not get paid. It is as simple as that.
In a day, you might be able to do 30 deliveries and with each delivery, you will be paid $8. And maybe with that, 30 deliveries you would be an incentive of $30.
In total, you would earn $270 a day.
Say for example, if you are involved in an accident and you are hospitalized for a total of 30 days.
Equally, you are not able to work for 30 days, which means you lose the ability to earn a total of $8,100 (ignoring any off days).
Therefore, if you got involved in an accident, that would mean that will not be able to earn that amount of money.
Once again, your short-term goals might have to wait or even cost the postponement of your wedding.
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You may not be able to walk again
If you are involved in a minor accident, you might be able to start back working maybe in a few weeks time.
But what if you are involved in an accident where the doctors told you that you might never be able to walk again? What kind of repercussion would that be?
It will be such devastating news towards you and your family.
By not being able to walk again, you know that you would need someone to care for you for the rest of your life.
Normally it would be your family. It could be your wife or even your parent. It would mean that at least two people in the house would not be working anymore all due to that accident.
This situation may make you lose a chance in having a better future ahead. It would be difficult for your family make ends meet.
Even if you are single and you do not have anyone to care of, you still need the money to take care of yourself.
And where would that money come from? Once again, you know that you are not able to walk again and definitely reducing the chances of future employment.
Therefore, you do need protection if a major accident were to happen to you.
Knowing the possible setbacks of your job so you can be better prepared
Every job in the world entails to a certain amount of risk. Whether you are an accountant, a construction worker or even a cleaner. Each job has some certain dangerous components at some point in time.
As a food delivery rider, the risk that you have is by being on the road. Be it you are being really careful or you are following all the road regulations, an unfortunate accident can happen in any second.
Therefore, to prevent the emotional, physical and financial pain, you would need to at least have some amount of protection.
A Personal Accident plan will be a good amount of protection and the right solution to the possible mishaps above.
Even if you are involved in an accident, you are still able to continue on with life without much financial worry.
Well, that’s the end of this article. Do share it if you think this is beneficial to your friends and family.
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Disclaimer:
I am a financial adviser but I am not your financial adviser. Therefore, what is posted on this website, are my opinions and NOT to be taken as financial advice. Information provided might be relevant at this period of time but maybe irrelevant due to alterations to rules, regulations or policies. The information provided is true to the best of my knowledge, but there maybe omissions, errors or mistakes.
