IRDAI License Number: IRDAI/INT/ISNP/2022/250

PolicyLo

How We Operate

Quote Process
Policy Issuance Process
Claim Process

Quote Process

Quote Request Received with Basic Details

Provide the Instant Indicative Quote with Pre Approved Coverage

Quote Revision Request Received From Client

Additional Details Recived From Client for Quote Negotiation

Customise the Coverage, Add Ons, Term & Conditions etc.

Negotiate with Insurer for the Price, Coverage etc.

Revised Quote Provided with Various Insurer Options

Policy Issuance Process

1
Select an Option from Provided Quotes
2
Pay the Premium
3
Risk Held Letter Will be shared
4
Policy Document (Soft Copy) will be shared in 7 Days*
5
Policy Document (Hard Copy) will be shared in 14 Days*

Claim Process

1
Claim Intimation to Insurer
  • Date & Time of Loss
  • Estimated Loss
  • Cause of Loss
  • Location of Loss
  • Intimate about the loss along with Pictures and Videos of Loss
2
Appointment of Surveyor
  • Insurer will appoint the surveyor on the basis of value and location of loss
3
Claim Settlement
  • In-Person Survey
  • Checklist of Required Documents
  • Document Submission
  • Query Raised by Insurer
  • Answer the Query
  • Surveyor will Submit the Report to Insurer
4
Claim Settlement
  • Approval of Claim
  • Payment of Claim
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