PolicyBazaar is India’s largest online insurance marketplace, helping crores of users compare term, health, and motor plans. In 2025, it remains a trusted platform with strong claims assistance—but buyers must also watch out for upselling and fine print. Here’s our detailed review.
India Snapshot
- Plans Offered: Term, Health, Motor, Travel, ULIPs, Investment.
- Insurers on Platform: LIC, HDFC Life, ICICI Prudential, Max Life, Star Health, Niva Bupa, SBI Life, and more.
- Payments Supported: UPI, NetBanking, EMI, Cards.
- GST Invoice: Available.
- Mobile App: 4.3⭐ on Play Store, 50M+ downloads.
- Claims Support: Dedicated team + 24×7 helpline.
Want to compare insurance plans before buying?
Check Plans on PolicyBazaar
What PolicyBazaar Does Well
- Lead Generation for Insurers
- PolicyBazaar acts as a bridge, collecting leads and passing them to insurers.
- Buyers can compare dozens of term premiums starting ₹400–₹600/month.
- Claims Assistance
- Dedicated claims support team guides customers through documentation.
- Partner hospitals and insurers improve health claim settlement chances.
- Wide Marketplace
- More insurers listed compared to Coverfox or offline brokers.
- Easy filters for sum assured, riders, and premium frequency.
The Fine Print You Must Know
- Upselling: Expect repeated calls/emails for add-ons and riders.
- Renewals: Premiums often increase on renewal; check insurer T&Cs.
- Claims: PB helps, but final decision rests with insurer, not PolicyBazaar.
- Data Sharing: Your contact info is shared with multiple insurers.
Pros and Cons
Pros
- Largest aggregator with widest insurer network.
- Term premiums start as low as ₹400/month.
- Claims assistance team helps with paperwork.
- UPI/EMI supported for quick payment.
Cons
- Aggressive sales follow-ups.
- Final claim settlement depends on insurer.
- Website/app interface can feel cluttered.
Quick Checklist for Buyers
- Always compare at least 3 term or health insurers.
- Check GST invoice availability.
- Read insurer fine print, not just PolicyBazaar highlights.
- Be ready for upselling calls.
- Use UPI/NetBanking for faster policy issuance.
Compare and buy insurance in minutes with India’s most popular marketplace.
👉 Get Quotes on PolicyBazaar
In 2025, PolicyBazaar is still India’s go-to marketplace for insurance, especially for comparing term and health plans. It’s great for discovering policies and getting claim assistance, but buyers should read insurer fine print carefully and expect upselling calls. Used wisely, PolicyBazaar saves time and money.
