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PolicyBachat
India
01 Feb 2014 (11 Years)
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know PolicyBachat
Company Information
Get to know PolicyBachat
Policy Bachat is an IRDA approved web aggregator that helps customers looking for Insurance by providing comparative rates from multiple Insurance companies. PolicyBachat has built several insurance tools and Insurance premium calculators to help consumers rate Car, Health, Travel and Life Insurance. PolicyBachat is making Insurance buying experience easy and hassle free with several comparative tools and Insurance consulting support team that guide the customers throughout the process from quote to bind. PolicyBachat offers real time rates online for Motor, Travel, Health and Life from prominent insurance carriers like HDFC ERGO, IFFCO TOKIO, Bajaj Allianz, Bharti AXA, L&T, Religare, Future Generali and Star Health. Our Online comparison tools provide quotes results with apple to apple comparison showing every little details including insurance company network, discounts, deductibles etc. The real time xml integration with partner carriers helps with accuracy and unbiased search results. PolicyBachat core value proposition is to provide transparency in the highly cluttered layers of brokers, agents, middlemen etc. Our mission is to be the Insurance Provider for the Modern India. Our Quote to bind process is very transparent and we don't charge any commissions like brokers. We provide Secure payment gateway integration directly with the Insurance Companies. We are a conduit between consumer and Insurance company. Our unique smart technology coupled with Insurance advisors makes insurance buying experience easy and hassle free more importantly saves customers time and money.
Industry
- Financial InsurancePRIMARY
- Financial Other Service
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