Policybazaar.ae, the UAE’s leading online insurance marketplace, has launched PB Advantage, a transformative initiative designed to redefine the health insurance experience in the UAE. With its innovative features and exclusive benefits, PB Advantage promises a seamless and enriched journey for customers, from purchasing policies to making claims.
PB Advantage introduces cutting-edge services that simplify and enhance the health insurance process:
- 30-Minute Claims Assistance: A dedicated claims desk ensures quicker resolutions.
- Auto Recharge of Sum Insured: Automatically restores the full coverage amount after the first claim, providing additional coverage for unrelated illnesses or conditions. For instance, an AED 1 million policy used for surgery is recharged with another AED 1 million for future claims.
- No Claim Bonus: Adds 10% to the sum assured for each claim-free year, up to a maximum of five years.
Speaking about the initiative, Neeraj Gupta, CEO, Policybazaar.ae said, “PB Advantage is a significant step towards revolutionizing the health insurance landscape in the UAE. We are shifting the focus from traditional pricing models & discounts to delivering real, tangible benefits that directly impact our customers’ insurance experience. Features such as quicker claims processing, Auto Recharge, and the No Claim Bonus reflect our commitment to offering innovative solutions that prioritize customer satisfaction and redefine industry standards. We would like to extend our gratitude to our partners, who have been forthcoming to make this feature offering a reality.”
He also added, “While PB Advantage provides benefit to all Health Insurance buyers from Policybazaar.ae, but it also provides NRI’s with quite a few tailored benefits which are designed to meet the needs while visiting India”
Toshita Chauhan, Business Head – Health Insurance, Policybazaar.ae added, “Policybazaar.ae has seen a significant jump in demand for Health Insurance on its platforms wherein the YoY growth is over 75%. PB Advantage was created in response to the challenges we often hear from our customers. We wanted to address these pain points head-on with a program that simplifies and enhances the health insurance journey. An important pain point is also getting quicker turnarounds in terms of premium rates for those with pre-existing conditions. With PB Advantage we want to assure such customers that within 60 min of them raising a query they will have an accurate quote from the leading insurers in UAE. PB Advantage is available across our leading insurance partners for all the major Third Party Administrators (TPA’s).”
PB Advantage extends its value proposition by offering policy portability to India, allowing NRIs to access coverage across both countries. Additional benefits include:
- Complimentary annual health check-ups in India.
- Cashless inpatient claims across 400 towns in India.
PB Advantage is available through Policybazaar.ae’s leading insurance partners, covering all major Third-Party Administrators (TPAs) in the UAE. This initiative underscores Policybazaar.ae’s commitment to transforming health insurance from a transactional process to a truly customer-centric experience.
Also Read: Bandhan Life Insurance and Policybazaar Revolutionize Retirement Planning with iInvest Pension Plan
With PB Advantage, Policybazaar.ae is not just selling insurance but reshaping the way it is experienced in the UAE and beyond.
