Insurance ka Super Market

Frequently Asked Questions

• 1. Why should I buy insurance from Paytm Insurance Broking?

  Paytm Insurance Broking offers you a wide variety of insurances ranging from car insurance, two wheeler insurance to health insurance, life insurance and so on. You can easily compare best policy quotes from India’s leading insurers and get your policy issued in just a few minutes. With our complete digital process, you don’t have to go through the hassle of tireless paperworks. If you are not happy with your current insurer, you can easily switch to another insurer with us in no time. But that’s not all, we promise a No spam call policy which means, we will call you only when you want us to call.

• 2. Buying insurance involves so many complex processes and terminologies. Will I get any assistance while buying an insurance from Paytm?

  Our 24x7 help desk is available at your request any time you want. We will help you understand the complex processes, government regulations, terms & conditions and the other aspects of insurance. After speaking to our customer care representatives, you will be able to make an informed decision to buy your best policy.

• 3. Is Paytm Insurance an insurance company?

  No. We are insurance broker and we offer you our digital platform where you can compare and buy the insurance of your choice. You can easily select the type of insurance, set price range and compare between different insurers to choose your best policy.

• 4. What documents are required to buy insurance from Paytm?

  We do not ask for any physical documents. You just have to create your account by providing and verifying your basic details. Any documentation process related to your policy required by your chosen insurer will be completely carried out through digital means.

• 5. How can I make a claim on my insurance?

  You can call our helpdesk to make a claim on your insurance. We are always available to help you with any query whether it is related to claims or any other information.

• 6. How can I check the status of my insurance policy?

  All your policy related documents are sent to you via email and whatsapp. You can also manage and check the status of your policy in the ‘My Policies’ section on our website or Application.

• 7. How can I learn more about insurance?

  You can read our blogs. We cover a wide range of topics related to all types of insurance categories, tax benefits and others. But if you are not an avid reader, you can always call us on our helpdesk. We will help you with your queries.

• 8. How much tax deduction can I get through life insurance?

  You can avail upto INR 1.5 lakh tax deduction through life insurance. This is subject to conditions of tax benefit under section 80(C) of the Income Tax Act.

• 9. How much tax deduction can I get on my health insurance?

  You can avail upto INR 75,000 tax deduction through health insurance. This is subject to conditions of tax benefit under section 80(D) of the Income Tax Act.

• 10. Can I buy insurance from Paytm app?

  Yes, go to the Paytm app. Scroll down to the insurance section. Choose the type of insurance you want to buy. Fill in the required details, get quotes and compare policies offered by India’s leading insurers. Select your desired policy and choose from multiple payment options to buy. It’s that simple.