Question

“Pay as you Drive” is a new type of car insurance launched by which of the following insurance companies in which the premium depends on the usage of the car?

A Royal Sundaram General Insurance Correct Answer Incorrect Answer
B Tata AIG General Insurance Correct Answer Incorrect Answer
C Bajaj Allianz General Insurance Correct Answer Incorrect Answer
D Acko General Insurance Correct Answer Incorrect Answer
E Go Digit General Insurance Correct Answer Incorrect Answer

Solution

In this scheme a person will pay according to the usage of the car. The scheme uses a telematic device to monitor the kilometers of the car driven to calculate the premium amount.

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