Welcome to Policybazaar

PolicyBazaar is an IRDAI approved web aggregator based in Gurgaon, Haryana. We provide customers with an online platform where consumers can compare different insurance policies such as car insurance, life insurance, two wheeler insurance, term insurance, and retirement plans with a single click of a button from the comfort of home and make an informed choice. This comparison of insurance plans paves the way for availability of information and gives everyone an easy and free access. We have tied up with 50+ insurance companies in India to offer consumers with a myriad of options. PolicyBazaar makes use of smart technology in order to make the entire insurance buying smooth for consumers.

Our sole objective is to help customers make an informed decision when buying a policy online. This can be done by comparing different policies available on our portal. Insurance companies offer various policies and it becomes the more necessary to compare them before choosing the right one. Also, the chances of getting the best policy increases with insurance comparison as it allows you to scan through features, benefits, and premium rates of different plans and choose the most apt policy. Therefore, we at PolicyBazaar, assist consumers with:

• Comparing and Buying Insurance Policies
• Filing for a Claim
• Renewing policies

We majorly showcase insurance offered by 50+ prominent public and private insurers across India which falls under two categories:

• Life Insurance - Term life insurance plan, Whole Life Plans, Endowment Plans, Money Back Plans, ULIPs – A, Child Plans, and Retirement Plans.
• General Insurance - Car Insurance, Health Insurance, two wheeler Insurance, Travel Insurance, Home Insurance, Corporate Insurance, Critical Illness, and Personal Accident.

Our partners are from diverse insurance sectors - term insurance, health insurance, car insurance, travel insurance, and corporate insurance. Partnerships enhance their services and showcase the price and policies details directly from the insurance company.

Benefits of applying through our portal:

• Quick Decision Making: Our online platform helps you make an informed buying decision in a simple and convenient manner. You can compare cost and features of the various insurance policies available. Our platform also helps you understand each product’s features completely so that you can easily decide on one that fits your needs.
• Low Premium rate but more coverage: As compared to policies bought offline, we offer more insurance coverage as the add-on costs being factored into the purchase are lesser.
• Absence of intermediaries: We do not involve any intermediaries unlike the traditional mode of buying insurance. Our consumers can compare and buy insurance directly through our portal. As there are no intermediaries, there are no commission charges. Hence there is reduction in the operational costs and other overheads. As this result in reduced overall costs for companies, the benefits are usually passed on to the customers in the form of low premium offers.
• 24*7 Customer Service: Our insurance experts are available 24*7 so that consumers can seek clarification in case of doubt or confusion. This will enable you to compare the products without any ambiguities.
• Seamless navigation: We have a strong technological edge which makes the insurance application process seamless. We employ smart-logic driven quote forms that populate questions on the basis of customer demographics and profile. With this, you will be able to compare and buy insurance products through our portal easily. The insurance premium is system generated, which therefore, removes any instances of human error and the time taken to calculate premiums is considerably reduced.

No matter what type of insurance policy you intend to buy—life, health, home, car, or two wheeler insurance among others, PolicyBazaar provides you a platform where you can compare and buy policies as well as save on premium. In this way, you can be rest assured that the policy chosen is not only the best but affordable too.