Edelweiss General Insurance (EGI) has launched a usage-based motor OD floater policy called Edelweiss SWITCH. It is app-based and driver-centric. Under IRDAI’s regulatory sandbox, the policy offers a special feature of switching it on and off as per the usage. Capable of covering multiple vehicles, it calculates insurance based on the age and experience of the driver. Using a pay-as-you-use[Read More…]