From February, buy motor insurance only for the distance you plan to drive

17 Jan 2020 News : From February, buy motor insurance only for the distance you plan to drive https://lnkd.in/fXbjjte =================== Extract : How about getting an insurance cover for just the number of kilometers you wish to travel or for the exact number of days of your itinerary? The approved products include usage-based/pay-as-you drive motor insurance, health profile-based pricing, wearable fitness tracker, need-based health insurance and co-pay model, app-monitored diabetes and dyslipidemia management programmes. Artificial Intelligence -based applications have been also approved. “The pay-as-you-consume model will help us change this and charge premium based on kilometres utilised by the insured or the amount of time they intend to drive the car,’’ he added Tapan Singhel, MD & CEO, Bajaj Allianz General Insurance, tapan.singhel@bajajallianz.co.in ==================== No doubt, Mr Singhel will appreciate : Transport : an Integrated Logistic Plan ? https://lnkd.in/fep8UKZ Pigovian Tax for Polluters ? https://lnkd.in/f6B2mrK