HDFC ERGO Joins hand with TropoGo to launch ‘Pay as You Fly’ insurance policy for drone-owners in India

HDFC ERGO Joins hand with TropoGo to launch ‘Pay as You Fly’ insurance policy for drone-owners in India

• HDFC ERGO, India’s third-largest non-life insurance provider in the private sector, has launched a first-of-its-kind ‘Pay As You Fly’ Third-Party Liability policy for drone-owners in India.
• For this, HDFC ERGO has partnered with TropoGo, a Deep Tech start-up, working on Real-time Risk Management platform to cater to every need of the Indian Smart Tech ecosystem.
• HDFC ERGO’s new policy provides commercial drone owners/operators Third Party Liability claims cover for property damage and bodily injuries.
• This cover will be offered to registered drone owners and operators holding a commercial drone pilot’s certificate or a license issued by certified training schools in India.
• The policy cover will be offered on-demand to customers on ‘Pay as you Fly’ concept. Members may opt for 4 hours, one-day, or a one-month cover to insure themselves against third-party liabilities.
• For more information about the policy cover, drone users can log on to www.tropogo.com or download the TropoGo app.

Points to Remember:

1. ‘Pay As You Fly’ Third-Party Liability insurance policy has been launched by which company?
2. HDFC ERGO has partnered with which company to launch ‘Pay As You Fly’ Third-Party Liability insurance policy?