Real Insurance
Real Insurance is a trading name in
Under the Real Insurance brand, Hollard issues and/or distributes bike, car, funeral, home and contents, life, pet, and travel insurance.[1]
In 2008, Real Insurance was the first insurance company to offer pay-as-you-drive (PAYD) insurance in Australia, whereby the car insurance premium is reduced for drivers with low kilometres usage.[3] Such drivers can specify in advance the number of kilometres they plan to drive, in return for reduced premiums.[3] Setting the maximum number of kilometres at the start of the policy eliminates the privacy issues inherent in other types of usage-based car insurance, which may require drivers to have a monitoring device installed to track the kilometres they drive.[4]
References
- ^ a b "Real Insurance". Retrieved 28 April 2014.
- ^ "Hannover Life Re of Australasia Limited". Retrieved 28 April 2014.
- ^ a b "Hollard's Real Insurance Rolls Out World's First "Trust-based" Pay Only As You Drive Product Using Exigen Insurance Solutions". Retrieved 28 April 2014.
- ^ Paefgen, Johannes; Staake, Thorsten; Thiesse, Frederic (2012). "Resolving the Misalignment between Consumer Privacy Concerns and Ubiquitous IS Design: The Case of Usage-based Insurance". International Conference on Information Systems (ICIS).
External links
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