HARARE – Insurance provider Moovah has introduced a new vehicle insurance product that allows motorists to pay premiums based on their driving behaviour.
Mr Givemore Jojo, chief commercial officer at Moovah's parent company Cassava Smartech Zimbabwe, said the Pay As You Drive (PAYD) insurance product gives motorists control to lower their premium costs through model.
Moovah PAYD, a first in the country, will address some of the common market grievances by customers that relate to continuous payment of premiums for vehicles that are sometimes parked for lengthy periods especially for people with multiple vehicles.
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