Dutch insurer Nationale-Nederlanden (NN) teamed up with Vodafone to launch a new service called Bundelz - a prepaid car insurance. Bundelz provides car insurance for 1,000 kilometers at a time. After that distance, a new bundle is automatically purchased, AD reports.
Bundelz is intended for motorists who don't drive much - on average less than 100 kilometers per week and less than 7,500 kilometers per year. A bundle covering only liability insurance wil cost around 50 euros, and an all-risk bundle 70 euros. They remain valid for a year.