About This App
PolicyBazaar is India's largest online insurance marketplace, founded in 2008 by Yashish Dahiya and Alok Bansal in Gurugram. Operated by publicly listed PB Fintech Limited (NSE: POLICYBZR), the platform lets users compare and buy insurance policies — health, life, term, car, bike, and travel — from 50+ insurance companies in India. With 87 million+ registered users, 49 million+ policies sold, and 93% of India's digital insurance market share, it is the dominant player in online insurance distribution. PolicyBazaar's core value is transparency in an industry plagued by pushy agents and hidden terms. Users can compare premiums, coverage, claim settlement ratios, and exclusions side by side before buying. The platform also offers PaisaBazaar (credit cards, loans, credit score) and has recently moved into direct insurance underwriting through an MGA (Managing General Agent) model. Self-inspection tools for car and bike insurance renewal eliminate the need for physical inspections. The platform is free for consumers — PolicyBazaar earns commissions from insurance companies for every policy sold. PB Fintech reported trailing 12-month revenue of ~$716 million as of December 2025, with PolicyBazaar contributing ₹924 crore in Q3 FY26 alone (42% YoY growth). SoftBank has nearly fully exited, and the company is increasingly Indian-owned with Indian founders actively leading operations. Market cap stands at approximately $7.4 billion. PolicyBazaar is best suited for anyone buying insurance in India — the comparison tools genuinely help you find better premiums. The major downside is the aggressive sales follow-up: entering your phone number triggers relentless calls from agents, sometimes for weeks. Some users report that recommended plans prioritize PolicyBazaar's commission over the customer's best interest. Claim assistance quality varies by insurer partner.
App Details
PB Fintech Limited
Honest Review
4.3/5 on Google Play Store (1M+ reviews) · Last verified 2026-04-25
What works well
- +Comprehensive insurance comparison across all major Indian insurers
- +SoftBank nearly fully exited — increasingly Indian-owned
- +India-listed (NSE/BSE) with Indian founders actively leading
- +PaisaBazaar subsidiary for loan and credit card comparison
What needs improvement
- -Aggressive sales follow-up calls after browsing — hard to stop
- -Some plans pushed for higher commission rather than best fit
- -Premium comparison can be misleading without reading fine print
- -Claim assistance quality varies by insurance partner
Common user complaints
- !Endless spam calls from agents after entering phone number
- !Recommended plans sometimes prioritize PolicyBazaar's commission over customer needs
- !Claim support is not as helpful as promised during purchase
Learn PolicyBazaar on YouTube
Hand-picked videos to help you get started — tutorials, demos, and reviews.
PolicyBazaar kya hai | PolicyBazaar insurance kaise karen | How to use PolicyBazaar app
How to Buy Health Insurance in India: The Easiest Way with PolicyBazaar
PolicyBazaar Health Insurance Review | Claim Process Review
Health Insurance & Term Insurance in India 2026 | PolicyBazaar
Indian Alternative To
PolicyBazaar is a powerful Indian alternative to these international apps:
Is PolicyBazaar an alternative to NerdWallet?
Yes, PolicyBazaar by PB Fintech Limited is an Indian alternative to NerdWallet. It offers similar functionality while being developed and maintained in India.Explore other Indian alternatives to NerdWallet →
Is PolicyBazaar an alternative to Policygenius?
Yes, PolicyBazaar by PB Fintech Limited is an Indian alternative to Policygenius. It offers similar functionality while being developed and maintained in India.Explore other Indian alternatives to Policygenius →
Is PolicyBazaar an alternative to Compare the Market?
Yes, PolicyBazaar by PB Fintech Limited is an Indian alternative to Compare the Market. It offers similar functionality while being developed and maintained in India.Explore other Indian alternatives to Compare the Market →
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