Bajaj Allianz General Insurance announces ‘Drone Insurance’

Bajaj Allianz General Insurance announced its association with TropoGo, a deep-tech start-up, for the distribution of a one-of-its-kind Drone Insurance product in the country. The drone insurance product will cover Damage to the Drone & Payload it carries, Third Party Liability along with additional covers for BVLOS (Beyond Visual Line of Sight) Endorsement and Night Flying Endorsement. The insurance protection offered for the Damage to the Drone & Payload it carries will provide coverage for the replacement or repair, accidental loss of or damage to the UAS (Unmanned Aircraft System) arising from the risks covered, including disappearance if the UAS is unreported after the commencement of Flight.