(4.2 / 5)14+ Ratings

Policybazaar Reviews

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Overall Rating

4.2
14 Reviews
  • 545%
  • 455%
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  • 10%

About Policybazaar

Policybazaar.com is a platform that helps users find and buy insurance plans from over 50 insurers in India. Users can compare prices, features, benefits, and claims support for health, life, car, bike, investment, and other insurance products.

The website offers a variety of insurance policies with key features and benefits. For example, for Car Insurance, customers can save up to 85%* on their policy and renew it in 2 minutes*. The car insurance premium starts at ₹2094*. There are more than 10 add-ons such as Zero dep, NCB protect, Roadside assistance, etc.

In addition to car insurance, Policybazaar.com also offers Health Insurance, Term Life Insurance, Investment Plans, and more. The prices for these plans vary based on the specific details of the plan and the individual's personal information.

To get an estimated price for new car insurance along with the IDV of the four-wheeler, the car details like make model, variant, and ex-showroom price can be entered into the calculator on Policybazaar.com.

Please note that all savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C apply.

Remember, the actual cost of the insurance policy can vary based on a variety of factors including the type of coverage, the age and health of the insured, the make and model of the car (for car insurance), and more. It's always a good idea to compare policies and prices from different insurers to find the best fit for your needs.

*TP price for less than 1000 CC cars. All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C apply.

Policybazaar Pros & Cons

Pros:

  • User-Friendly Interface: The website is easy to use, making it simple for customers to find and purchase insurance policies.
  • Wide Range of Policies: Policybazaar offers a variety of insurance policies, including term plans, travel insurance, and health insurance.
  • Quick Problem-Solving: The company is known for its swift problem-solving, which can make the insurance experience smoother and less stressful.
  • Responsive Customer Support: The customer support team is very responsive and answers all queries promptly.
  • Transparency: Policybazaar provides detailed information and transparency regarding fees and terms, which builds trust with customers.

Cons:

  • Poor Customer Service: Many customers have reported horrible customer care and service reach issues.
  • Unreliable and Dishonest Practices: There are numerous complaints about broken promises, lack of accountability, and poor claim settlement processes.
  • High Price Level: Consumers have noted that the price level of this organization is high, which can be a significant drawback.
  • After-Sales Issues: The after-sales service is often a pain for customers, with many reporting errors and difficulties in policy renewal.

Overall Rating: Policybazaar has a 1.4 star rating based on 42 customer reviews, indicating that consumers are mostly dissatisfied with the service.

Policybazaar Coupon & Discount Codes

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Policybazaar Customer Reviews (14)

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Frank Gerard
Frank Gerard
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Jul 17, 2024
Jordan Singleton
Jordan Singleton
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Jul 17, 2024
Édouard Poissonnier
Édouard Poissonnier
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Jul 17, 2024
Khaydarbi Akhtakhanov
Khaydarbi Akhtakhanov
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Jul 16, 2024
Amelie Howe
Amelie Howe
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Jul 16, 2024
Anatol Kishiev
Anatol Kishiev
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Jul 16, 2024
Walter Biddle
Walter Biddle
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Jul 15, 2024
Fauna Lanoie
Fauna Lanoie
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Jul 15, 2024
Jörg Scholz
Jörg Scholz
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Jul 14, 2024
Swen Theiss
Swen Theiss
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Jul 13, 2024

Policybazaar Customer’s Q&A

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Policybazaar Features and Benefits

Policybazaar.com offers a variety of insurance policies with key features and benefits. Here are some of them:

  • Car Insurance: Save up to 85%* on policy and renew it in 2 minutes*. More than 10 add-ons such as Zero dep, NCB protect, Roadside assistance, etc.

  • Pay As You Drive (PAYD): For those who drive less frequently or have more than one car, a PAYD insurance can offer great savings. The premium for such plans is based on the actual kilometres driven in a particular year.

  • Health Insurance, Term Life Insurance, Investment Plans: Prices for these plans vary based on the specific details of the plan and the individual's personal information.

  • LIC Jeevan Vriddhi: A single premium endowment plan that allows customers to secure their futures financially and start saving or investing from an early age.

  • 25 Lakh Term Insurance Plan: Offers a life cover of 25 Lakhs to the policyholder for a limited term. The life cover amount is paid to the family of the policyholder in the event of the policyholder’s untimely death during the policy term.

  • LIC 1 Crore Policy Details - Jeevan Kiran: Offers death benefit on the death of the policyholder and pays the premiums back on the maturity of the policy. This plan also offers special premium rates for smoker and non-smoker customers.

Remember, the actual cost of the insurance policy can vary based on a variety of factors including the type of coverage, the age and health of the insured, the make and model of the car (for car insurance), and more. It's always a good idea to compare policies and prices from different insurers to find the best fit for your needs.

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C apply.

Policybazaar Pricing

Policybazaar.com offers a variety of insurance policies. For Car Insurance, customers can save up to 85%* on their policy and renew it in 2 minutes*. The car insurance premium starts at ₹2094*. There are more than 10 add-ons such as Zero dep, NCB protect, Roadside assistance, etc.

For those who drive less frequently or have more than one car, a Pay As You Drive (PAYD) insurance can offer great savings. The premium for such plans is based on the actual kilometres driven in a particular year. If the driving limit is exhausted, the limit can be recharged/top-up when needed.

In addition to car insurance, Policybazaar.com also offers Health Insurance, Term Life Insurance, Investment Plans, and more. The prices for these plans vary based on the specific details of the plan and the individual's personal information.

To get an estimated price for new car insurance along with the IDV of the four-wheeler, the car details like make model, variant, and ex-showroom price can be entered into the calculator on Policybazaar.com.

Please note that all savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C apply.

Remember, the actual cost of the insurance policy can vary based on a variety of factors including the type of coverage, the age and health of the insured, the make and model of the car (for car insurance), and more. It's always a good idea to compare policies and prices from different insurers to find the best fit for your needs.

*TP price for less than 1000 CC cars. All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C apply.

Policybazaar FAQs

FAQ

Policybazaar Alternatives

The top 10 policybazaar.com alternatives and competitors include:

  1. HDFC ERGO General Insurance Company - With 3.5M visits in October 2024, it offers a range of general insurance plans including motor, health, travel, and home insurance.
  2. ICICI Lombard - With 4.3M visits in October 2024, it provides various insurance policies for health, motor, travel, and home insurance.
  3. Acko - With 6.2M visits in October 2024, it offers zero-commission insurance policies with paperless claims and instant policy issuance.
  4. TATA AIG - With 4.8M visits in October 2024, it provides insurance with low premiums and minimal paperwork, offering great savings on insurance.
  5. Bajaj Allianz - With 2.2M visits in October 2024, it offers a variety of insurance products including motor, health, and life insurance.
  6. InsuranceDekho - With 946.26K visits in October 2024, it specializes in the comparison and purchase of insurance policies across various domains.
  7. Digit Insurance - It provides digital insurance solutions, offering an online platform for users to avail various types of insurance services.
  8. Coverfox - An insurtech platform focused on providing online insurance products in various sectors such as motor, health, and life insurance.
  9. PolicyGenius - An online insurance platform that provides a place to shop online for life, long-term disability, renters, and pet insurance.
  10. Turtlemint - An online insurance platform that offers insurance services from various providers, allowing users to compare different plans.

These competitors offer a range of insurance services and products, making them significant alternatives to policybazaar.com.

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