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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