Go Digit General Insurance has launched an add-on feature for motor insurance Own Damage policies, named ‘Pay as you Drive’.
Customers who drive less than 10,000 Km per year on an average, will now pay less with this add-on. Digit will use odometer reading, telematics data and annual kilometer opted to give this discount (up to 25%).
IRDAI has also permitted to the general insurance companies to introduce such tech-enabled concepts in motor OD policies.