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HDFC ERGO partners with TropoGo to launch “Pay As You Fly” Insurance

HDFC ERGO partners with TropoGo to launch "Pay As You Fly" Insurance_4.1

HDFC ERGO General insurance firm has partnered with UK based tech firm TropoGo Limited to launch India’s 1st ‘Pay as you Fly’ insurance for drone-owners in India. This policy, which can be offered on-demand to commercial drone owners and operators, give life assurance for Third Party Liability Claims.

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This insurance policy protects property damage and bodily injuries that maybe happened while conducting activities like survey, mapping, monitoring, disaster relief initiatives, civil administration services, use during festivals & events, property management and travel & tourism purposes among others. Members of this policy can claim an insurance cover of up to Rs 10 lakh on TropoGo mobile app & they will choose 4 hours, one-day, or a one-month cover to insure themselves against third-party liabilities.

Important takeaways for all competitive exams:

  • HDFC ERGO General Insurance MD & CEO: Ritesh Kumar.
  • HDFC ERGO General insurance Headquarters: Mumbai, Maharashtra.

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HDFC ERGO partners with TropoGo to launch "Pay As You Fly" Insurance_5.1

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