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.
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.