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Go Digit General insurance launches Pay As You Drive (PAYD)

Published on July 18, 2022
Current Context: Go Digit General Insurance launches Pay As You Drive(PAYD) add-on feature for motor insurance Own Damage (OD) policies.
Go Digit General insurance launches Pay As You Drive (PAYD)
  • This feature makes Digit Insurance one of India's first insurers to introduce an add-on feature for its customers.
  • With this add-on feature, customers who drive less will now pay less.
  • Discount will be given to anyone driving less than 10,000 Km per year on average from the time it was bought by the current owner from the showroom.
  • Go Digit General Insurance will use odometer reading, telematics data and annual kilometer opted to give discounts, which can be as high as 25%.
  • Digit insurance company said that the customer will be able to complete the process in 5 minutes using tech-enabled pre-inspection and can finish the entire policy issuance process in less than 30 minutes.

Question: 

Q.1 Which General Insurance company has launched Pay As You Drive(PAYD) add-on feature for motor insurance?
a. Go Digit General Insurance
b. SBI general insurance
c. United India Insurance 
d. Bajaj Allianz General Insurance
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