Policy Bazar or Family Agent in Health Insurance
Hi Beshak Team !!!
First of all I would to Congratulate you all for this fantastic platform where one can ask any query and get much needed clarity in very simple language. Kudos !!!!
I too have a query which is
I have Star Health Ins which is active since last 2 years and due for renewal in 2 days. I am currently seeking to port it to Max Niva Bupa. I have approached my family agent and Policy Bazar.
Agent is able to match up the low premium as offered by PB and also can offer No Cost EMI upto certain extent, like 8 months vs 12 months in Policy Bazar. This point is manageable.
Major point which PB is claiming is "CLAIM GUARANTEE IN WRITTEN" which says in the worst of worst case if Insurance company denies to settle the claim then policy bazar will get the matter resolved or will pay on its own but insured will not be harrassed, unlike agent who may do hands up and depends totally on the mercy of company , Secondly loading waver will be active and loading charges will be waived life long, third since PB has hold of 70-80%business of max bupa policy so they definitely are on the priority list of company and this will help settle claims faster...Now i am confused which way to go...Family agent or PB... Please guide