Question

Which public sector has launched a 'Pay As You Drive' vehicle insurance policy ?

A New India Assurance Correct Answer Incorrect Answer
B Royal Sundaram Insurance Correct Answer Incorrect Answer
C National Insurance Company Correct Answer Incorrect Answer
D Oriental Insurance Company Correct Answer Incorrect Answer
E HDFC Ergo Correct Answer Incorrect Answer

Solution

New India Assurance (NIA) has launched a 'Pay as You Drive' (PAYD) policy, which offers a comprehensive motor insurance policy that charges a premium based on the usage of the vehicle.

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