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Insurance policy schemes: Insurance policy will be on as long as the car runs, no money if the car is closed, see these two special schemes

Two companies have introduced this kind of premium policy. The first policy is Edelweiss’ switch and the second is Tata AIG’s Auto Safe. Edelweiss Switch has created an app based insurance policy for this.

Good news for car owners. This news is about insurance. Till now we used to insure the car for a period of two years or more. But now you are going to get great facility in it. Now if you want, you can only insure the same number of days as the day you drive. Not only this, it can also be according to distance. That is, the distance you drive, the same distance will have to be insured. Accordingly, you have to pay the premium.




This premium policy is not like the old policy in which you have to pay premium for a year. An insurance policy called ‘Edelweiss Switch’ and ‘Tata AIG Auto Safe’ gives an exemption that you will have to pay a premium for the same number of days of the year or month you drive. Suppose you drove a car for 20 days in a year and if the car remained standing for the rest of the day, then you would have to choose the premium for 20 days only. The second way is that if you drive only 500 km in a year, then you have to pay the insurance premium according to the same distance.

ALERT: KEEP THESE THINGS IN MIND WHILE USING ATM, OTHERWISE IT WILL BE CHEATED

App based policy

Two companies have introduced this kind of premium policy. The first policy is Edelweiss’ switch and the second is Tata AIG’s Auto Safe. Edelweiss Switch has created an app based insurance policy for this. In this scheme, the owner of the vehicle gets the facility to turn the policy on and off through the app. That is, when you are driving, you can start the premium by turning on the app and when the car is not running, you can turn the premium off. Your premium will be calculated according to the number of days or distance your car will run.

Accidental cover

According to the company, this insurance policy will depend on the age of the driver of the vehicle and the experience of driving. While driving, the insurance can be turned on or off by turning the app on and off. Even after the insurance is off, the car will get covered by fire and theft throughout the year. That is, if your policy is off, then it will get the protection of fire and theft because both these hazards occur even when the car is parked. However, Accidental cover will be available in this policy only when Chub Insurance is on. This policy will be cheaper because the premium will have to be paid only for the number of days the car will run.

Device to insurance policy

Similarly, Tata AIG’s policy is also auto safe. It is also a kind of device that remains active for your entire policy period. This device records all your information. Like how far you could drive. This device collects information about the position of the vehicle and the driving pattern of the driver. Points are given to the driver or policy holder based on this information. In this, a package of insurance based on kilometers is given.




Top up kilometer option

If the owner wants a package of 2500 km, 5 thousand km, 7500 km, 10 thousand km, 15 thousand km and 20 thousand km under this package. If in a certain period, they use the entire kilometer of the package, that is, they drive for that kilometer, then they also get the facility to buy an additional kilometer policy. This is called the top up kilometer option. In auto safe policy, the vehicle and driver get an accidental cover of Rs 15 lakh.

Till now it happens that the car owner has to take insurance for a fix period. Whether the vehicle runs or not, the premium has to be paid in full. But now this will not happen. According to your convenience, now you can pay the premium of the vehicle. Two companies have given it good facilities.

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