HDFC ERGO to Launch On-demand ”Pay As You Fly” Insurance for Drones with TropoGo

riskacademy — Mon, 15 Jun 2020 09:28:43 +0000

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A first-of-its-kind policy for drone-owners in India

Mumbai, Maharashtra, India (NewsVoir)

HDFC ERGO, the country’s third-largest non-life insurance provider in the private sector, and TropoGo, a Deep Tech start-up, have partnered to offer commercial drone owners and operators Third Party Liability claims cover for property damage and bodily injuries. This policy is the first-of-its-kind in the non-life insurance segment in India which will be offered on-demand to customers on ‘Pay as you Fly’ concept.

In the current pandemic, Unmanned Aerial Vehicles (UAV) or drones are being considered and also actively used actively by State and Central Government in the fight against COVID-19. While the world has come to a grinding halt, drones are proving to be efficient and beneficial for public surveillance, crowd monitoring and; in certain areas; even for delivery of essentials like medicines. Moreover, the use of drones may also become central to various functions of different businesses in future, where humans may be unable to…

non-life insurance segment – РИСК-АКАДЕМИЯ – АНО ДПО ИСАР

HDFC ERGO to Launch On-demand ”Pay As You Fly” Insurance for Drones with TropoGo