Bhopal, March 18, 2020: India’s largest online insurance marketplace and leading insurtech brand, Policybazaar.com has set up a dedicated special helpline number i.e. 0124-6372005 to support and guide people who have any insurance related queries regarding coronavirus. Our helpline number will be active for all 7 days a week from 10 am to 7 pm. This service would be available for everyone, irrespective of whether the policy has been purchased from Policybazaar.com website, or not.
Yashish Dahiya, Group CEO & Co-founder said, “We are here to support you all the way. Testing times like these remind us to be kinder to one another and stand together in the eye of the storm. Such trying moments remind us the value of having a robust insurance cover that protects us against death, disease and disability. The last thing now, one would want to worry about is the financial implications a pandemic like coronavirus could have on one’s savings while taking medical treatments. So as a well-wisher I would advise all of you to have insurance as a priority. Let the insurance industry and experts take care of how your finances are going to be organized.”
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PolicyBazaar.com is India’s largest insurance marketplace. It has backing from a host of investors including the likes of Soft Bank, InfoEdge (Naukri.com), Temasek, Tiger Global Management, True North, Premji Invest, besides investments from other PE funds and family offices. The portal started with a purpose to educate people on insurance products and has had a significant influence on how insurance is bought in India. It has helped in driving penetration of pure life insurance, health insurance, and such products which were barely bought earlier.
From receiving traffic of 180,000 visitors in 2008, PolicyBazaar.com has come a long way and today hosts over 150 million visitors yearly and records sale of nearly 10,00,000 transactions a month. Currently, PolicyBazaar.com accounts for nearly 25% of India’s life cover, and over 7% of India’s retail health business. It accounts for roughly half of all internet based insurance purchase in the country and is more than doubling annually.
We have received several accolades in India and globally. The most noteworthy being recognized as India’s top and world’s leading “Fin Tech Innovator” by the Global consultancy firm, KPMG and venture capital fund, H2 Ventures thrice since 2015, and winning The Digital Insurer ‘Global Livefest’ Award for insurance innovation at the global level in 2018. We have won a range of awards in the last couple of years, many of them consecutively. These include The Financial Express “Best Fintech Marketplace”, Internet & Mobile Association of India (IAMAI) Digital India Award for “Best Financial Website” & “Most Innovating Insurance Service”, IDC Iconic Award for “Tech Implementation leading to Operational Excellence”, to name a few.