Amid coronavirus outbreak, several insurance companies are introducing 'pay as you drive' policies for the customers. This unique motor insurance scheme allows the users to pay the premium only on the days they use the vehicle. Recently, Edelweiss General Insurance announced an app-based auto insurance policy – Edelweiss SWITCH. Launched under IRDA's sandbox initiative, this insurance scheme permits vehicle owners to switch 'on' and 'off' the policy whenever they want.
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