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Irdai sets up panel to suggest insurance products related to use of drones

It also noted that drones are playing a significant role in the current Covid-19 situation, assisting various authorities in several activities

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The working group has been asked to submit its report within six weeks

Press Trust of India New Delhi
Regulator Irdai has set up a working group to suggest insurance products covering various risks involved in use of drones.

In a circular, the Insurance Regulatory and Development Authority of India (Irdai) said drones are emerging as one of the fastest growing technology and are being used for a variety of purposes.

It also noted that drones are playing a significant role in the current Covid-19 situation, assisting various authorities in several activities.

"There is an immediate need to make available suitable insurance products covering the various risks involved in the use of drones," Irdai said while constituting the working