Policybazaar to offer low-cost loan insurance online

Policybazaar has launched an online loan insurance product, offering a significantly cheaper and more flexible alternative to traditional bank-bundled covers. This new offering allows borrowers to purchase insurance independently of loans, with potential savings of up to 72% compared to offline policies. The online product provides greater control over claim payouts and flexibility for loan adjustments.

Policybazaar to offer low-cost loan insurance online
Policybazaar has launched an online loan insurance product, offering a significantly cheaper and more flexible alternative to traditional bank-bundled covers. This new offering allows borrowers to purchase insurance independently of loans, with potential savings of up to 72% compared to offline policies. The online product provides greater control over claim payouts and flexibility for loan adjustments.