United Arab Emirates. Dubai: Indian insurance platform Policybazaar is offering UAE residents up to 50 percent discount on car insurance from April 13 to May 31, 2021 when purchasing insurance from its platform.
Neeraj Gupta, CEO Policybazaar UAE shared with Transcontinental Times that the discounts are applicable only on car insurance between April 13th to May 31st, 2021, when brought from the platform (www.policybazaar.ae). The minimum discount would be at least 10% and goes up to 50%. The average discount customers can avail is nearly 20%.
He added, “In the spirit of giving, we want to celebrate this holy month by providing unique offers to customers and as a way to say thank you.” Residents can take further advantage of the Ramadan offer to avail a full comprehensive insurance and ensure they get the highest protection cover especially needed during the summer. It makes a perfect gift for Eid for residents to gift their loved ones a better insurance cover and ensure their safety.
Customers in UAE can opt for comprehensive or third party motor insurance from a wide network of over 15 insurance companies across the UAE. In addition, the firm has partnered with AW Rostamanis’ Autotrust Multibrand Car service centres in Dubai, Sharjah and Abu Dhabi to offer customers a wide range of auto care and repair services – worth AED 3,500. Company assures that customers will also receive exceptional deals/ vouchers from its partnering brands, such as Noon, Zomato, Just mop and Zee5 amongst others.
Founded in 2008, the Softbank-backed Indian startup, Policybazaar is an online marketplace allowing users to compare life, health, personal, auto insurance policies available from more than 50 insurers. With a robust team of customer representatives, Policybazaar assists its users with services like choosing the right policies, settle claims.
Policybazaar has recently raised AED 275 million. The funding is expected to drive the expansions around UAE & Middle East. According to reports, the Indian startup is seeking a listing this year and gearing up to file for IPO by the end of May 2021.