INSUBCONTINENT EXCLUSIVE:
MUMBAI: Usage-based premiums will soon become a reality in the motor insurance industry, with companies offering the single owner of
multiple vehicles the option to allocate coverage in line with the anticipated use of each car
So, for the first time, customers will have the option to buy a single policy for multiple vehicles, with different sub-limits for each
driving two vehicles at the same time
underwriting at ICICI Lombard General Insurance
Insurers are launching usage-based motor insurance where the customer will have the option to pay their premiums on the basis of their
bonus applicable on the policy
An app will be used to monitor driving behaviour and reward the customer for safe driving practices
Based on their driving behaviour, customers will be able to see their scores, which will start reflecting in their own damage premium at
Insurers have got approvals for products to monitor health
While ICICI Lombard is going to manage diabetes and cholesterol-related coverage, Bajaj Allianz General Insurance is coming up with a
Here, based on the engagement level of policyholder on the health platform offered by GOQii, the percentage of their copay will be
