"Pay as you go" is a new insurance concept that is being used mostly for car and bike insurance. This insurance offers all the benefits of comprehensive own damage plus third party policy. Under this policy, you have to pay only for what you plan to use. Your premium will be based on the distance you expect to travel in the policy year. This policy is being offered on a pilot basis for a year by some insurers. In this video, Mr. Sudheer has given complete information about the policy and has explained how to avail it.
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