1. Who is PolicyBazaar?
PolicyBazaar helps in making insurance purchase easy. With our tie-ups with insurance brokers. We help in comparing and purchasing various insurance products online by providing there prices, quality and key benefits side by side. All the prices shown by policybazaar are directly from the insurer. To know more about us, please visit policybazaar about us.
2. What do we do?
We understand your needs and get the best insurance products on to our site for you to review, choose and get covered. We make insurance companies compete for you and empower you to choose the product you are comfortable with.We are independent of any insurer and hence not biased towards any one. To know about our booking process, please click on Policybazaar Booking Process.
3. What do we sell?
We sell car insurance, health insurance, life insurance, travel insurance, corporate insurance and loans.
4 How does it work?
We take a few basic details from you. These details are then processed by our state of the art technical system. Within few seconds all the relevant insurance policies from dozens of insurers are presented on a single page for you to review. We retrieve details from at least 20 insurers for each product.
5 How long does the process take?
It is hardly a matter of 5 minutes. You fill in your details and we provide you with a comparative list of products. You can pay over the internet using credit card, cheque or net banking.
6. How is it useful to you?
Imagine dealing with 30 different insurers, understanding their products, comparing them and then selecting the one which you think is the best. We do all this ground-work for you and thus save your time, efforts and valuable money. The ultimate power of choosing the best insurance deal remains with you. What's more, our insurance advisory services are glad to help you in any of your queries. For more details please contact policybazaar.
7. How much does it cost you?
We charge no money from our customers for comparing various insurance policies. Our service is absolutely FREE!
8. If it doesn't cost you, how do we earn?
We get a fixed marketing and advertisement fee from the insurance companies.
9. Where can I get advice on insurance?
Get in touch with our insurance expertise at 1800 103 3999. Feel free to contact us. We will be very glad to serve you.
10. What are the modes of payment?
We are using two modes of payment: Cheque and Credit Card / Net Banking. As per comfort you can make the payments accordingly. We are also bringing in payment services through other means like Cash Cards, Mobile Payment solutions etc. for your convenience.
11. How secure is the transaction?
Our online monetary transactions are completely secure. We put great efforts to secure our clients' information. We have tied up with best payment gateways in the business like Citibank payment gateway which use VeriSign SSL secure certificates.
12. What happens when I buy a policy?
You become a member of Policybazaar and Login details are provided to you. Using this information you can log into our member area, track your transactions, download policy, cancel or modify policy, request for renewal etc.
13. What about cancellations/refunds?
We can help you in case you would like to cancel the insurance cover you have purchased and claim refund. To know more about the claim assistance provided by us, please click on Policybazaar Claim Assistance. The cancellation of policies is managed by the relevant insurance companies and you would need to communicate to them directly. The premium for the policies goes to your insurer and hence the refunds will also be paid out by the insurer.