written by Leonardn55 on 18/07/2016
This is a fraudster's website, they issue vehicles insurance policies stating 0 depreciation, but guys please don't fall for it before buying the policy get a quotation and get it verified with the Insurance Provider itself, because no aggregate can sell an insurance policy lesser than the Insurance Provider.
I bought a policy from them and the executives while buying said you just have to check on 0 deprecation option available on the portal if you want a 0 dep policy, so I followed as they instructed, and later after a month or so my vehicle met with an accident and I went to claim it and the company inspection officer said it is not a 0 dep policy so you cannot have full coverage of the same. There calculations are all wrong. When tried to contact the so called CEO, the front office says he doesn't live in India and he fools around from sitting in US.
I have already logged a complaint with IRDA and waiting for an response from them.
My suggestion to all who brought there policies from PolicyBachat please do get it cross verified once before you all land up in a mess and escalate the issues directly to IRDA.
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