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Name the General Insurance Company,that launched first-of-its-kind ‘Trip Protector’ policy in India?
  • a)
    National Insurance Co. Ltd
  • b)
    New India Assurance Co. Ltd
  • c)
    Bajaj Allianz General Insurance
  • d)
    HDFC ERGO General Insurance Co. Ltd
  • e)
    None of these
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Name the General Insurance Company,that launched first-of-its-kind &ls...
The first-of-its kind ‘Trip Protector’ insurance policy was launched by HDFC ERGO General Insurance Company which is the third-largest non-life insurance provider in the private sector in India. The policy states that:
• In case a flight or a hotel booking is cancelled, travellers will be safeguarded financially against the cost of cancellation levied on them by the respective hotels or airlines for both domestic and international travel.
• In instances wherein travellers are refused accommodation on arriving at the hotel due to overbooking, the policy will provide cover against cancellation of a pre-booked room.
• Initially, this policy is being offered to customers of HDFC Bank on the purchase of Airline tickets or Hotel Bookings done using their HDFC Bank credit cards.
• The policy will allow customers to choose between refundable and non-refundable tickets. Refundable tickets shall be paid for in case of cancellation.
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Most Upvoted Answer
Name the General Insurance Company,that launched first-of-its-kind &ls...
Product called "Mosquito Disease Protection Policy" in India.

The General Insurance Company that launched the "Mosquito Disease Protection Policy" in India is HDFC ERGO General Insurance Company.
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