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Two-wheeler insurance is a type of insurance that is mandatory in India. Falling under the General insurance product category, it helps protect people against accidents that take place on the road. Active two wheeler insurance shields the vehicle owner from any unforeseen occurrences like the accident or any serious damage to the motor vehicle.
[24] [25] Policybazaar raised US$77 million in its Series E funding round. This was led by at least three new investors, including True North and IDG Venture Partners invested in this round. Also, several media reports claimed that Boston-based asset management firm Wellington Management Group invested in the online insurance aggregator. [26]
Generally, there are two types of motor vehicle insurance policies. A document covering only the insurance liability for injury, property damage, death, etc., caused by the vehicle to a third party (commonly known as third-party liability or an Act liability insurance is a legal requirement).
Online insurance comparison websites can help you purchase auto insurance online. These sites typically use algorithms to match you with multiple companies and give you quotes.
Paisabazaar, co-founded by Yashish Dahiya , [6] [7] Alok Bansal, and Naveen Kukreja in Gurugram, Haryana in 2014, [8] [9] is owned by PB Fintech, the parent company of the insurance technology platform Policybazaar. In July 2018, the platform achieved an annualized loan disbursal rate of $1 billion.
Your car insurance could go up, down or stay the same if you purchase a new car. Buying a car with improved safety features or cheaper repair costs may result in a lower premium, while buying a ...
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