If you are looking for comparative analysis and quotes of various insurance policies available in the market, PolicyBazaar is the right one for you. This online hub compares various insurance policies according to their features, price tag, and advantages. The users are allowed to key-in various parameters to get authentic quotes on a range of policies so that they can select a suitable policy for themselves.
Importance of Comparative Analysis of Insurance Plans
Soon after India implemented an open-market policy in the insurance sector, private multinational insurance companies made their entry into the insurance market. It was no longer just government-owned LIC of India or Oriental Insurance selling an insurance policy but numerous firms bringing in various types of Whole Life plans, Endowment plans, pension plans, investment plans, medical or health insurance, child plans, and Pure Protection plans. Many of these firms made a foray into the home loan and personal loan sector also.
In short, there were numerous insurance plans, financial security cum planning schemes, and risk cover cum profit oriented policies in the market. Competition became tough and it was not easy to choose the ideal planner for oneself. Here, an efficient comparative analysis helps to provide a solution to the customer by highlighting features of policies against the premium payment.
An Insurance Aggregator – Customer Expectations
In a way, PolicyBazaar can be called as an Insurance Aggregator where the company website has an option to allow surfers or prospective customers to check out quotes after specifying suitable parameters. In other words, it acts as a liaison between the prospective client and insurer by providing a comparative quote to the client through a search utility. The insurer pays a referral fee to Insurance Aggregator for getting viable information of the client.
The search utility at PolicyBazaar.com offers a detailed list of parameters to get an accurate and detailed comparison of quotes that highlight the cost of the policy against the key advantages and features it provides.
All the Insurers Available in the Search Utility
There is a list of prominent insurers in the database, such as life insurance providers, health and corporate insurance providers, and car and travel insurance providers. Key partners also include those from the loan sector. A strong relationship with its partners has allowed PolicyBazaar to provide:
- Valuable customer-service to the prospective clients
- Detailed know-how about various insurance products
- Efficient business operations
- Accurate prices of the policies and other parameters
- Effective data on savings, security, and benefits
…And, the search utility provides a detailed analysis of the various insurers and their policies to the customers. The customer service cell offers a complete solution to assist the prospective clients to decide on ideal insurance policy.
Popularity of PolicyBazaar
There are quite a few advantages of using this particular insurance comparison portal for buying insurance plans or securing loans. For instance, customers would be able to:
- Review an ideal plan that suits their requirements
- Buy a plan in a secured environment with genuine and accurate solutions
- Save money, get valuable discounts, and additional benefits
- Acquire information on top features of an insurance policy, benefits for choosing the policy, and effective conversion rates
…And, customers can compare insurance policies against their features and prices without paying anything at all. The popularity of this online hub is rising steadily each year.
PolicyBazaar Contact Information
PolicyBazaar,Ground Floor, 119, Sector 44,
Gurgaon – 122001, Haryana.
|Toll-free Phone : 1800 103 3999