PolicyBazaar Sucks Customer Reviews and Feedback

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Policybazaar is an Indian insurance aggregator and a global financial technology startup. The company was founded in June 2008 by Yashish Dahiya, Alok Bansal and Avaneesh Nirjar. It provides a digital platform - website and app - where users compare financial services from major insurance companies. The startup is headquartered in Gurugram, Haryana, India and is the country's largest insurance aggregator. The group has also expanded operations to the United Arab Emirates.

A customer they lost talks about their child insurance policy "I have taken a child insurance policy from Policybazaar.com, I am not at all satisfied with the policy, since the name has been spelled wrong in the policy and correct measures are not taken yet since I called them. Worst Service by the Support Team."

Reviews

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Current Employee - Associate Sales Consultant says

"Extra working hours,extreme sales pressures, less work life balance"

Current Employee - Customer Service Associate says

"No growth, no appraisal,, 12 hours shift.. Lots of pressure.. No leaves no national holidays.. You will get only 4 week off and nothing"

Former Employee - Sales Executive says

"Totally Time wasting work place"

Current Employee - Technical Associate says

"Policybazaar might show you an attractive offer at first but they are just manipulating you to join and once you are stuck. They will inform you that your salary decreased by a massive 35% cut or more. Their management is hollow and company is barely on it's feet. HR is useless and only hired for part time fun activities. They will make you twice as hard for not even half the pay you deserve. No incentives at all. Just a fraud company misusing people's trust and manipulating them."

Former Employee - Sales Consultant says

"Pressure,no leaves,even call you when you are ill"

Former Employee - Executive says

"Sales pressure and no fix time"

Current Employee - Anonymous Employee says

"People at managerial level need to be more matured and understanding . they actually dont deserve to be at these levels"

Former Employee - Sales Associate says

"Stress ful life, politics, they will treat u like slaves, extended working hours, no work life balance"

Former Employee - Technical Associate says

"You are considered as a labour and not software developer. You are forced to stay till late . Non tech people are in charge of technology, hence they don't know to set deadlines. Never join this company."

Former Employee - Senior Sales Advissor says

"But not get full incentives..they will always deduct your money and tell you that in next month salary you will get this money. Management is worst. Some HR is good and some are not ready to hear you. Long working hours even they will ask you atretch till 9 pm also even if u login @10Am in the morning. Rotational weekoffs. And many more things which is not good with the maangement"

Term Adviser (CCE) says

"policy bazaar only doing hire and fire process they didnt jug any person buy better part they always pay all amount on incentive. For extra earning grate platform"

dfd (Former Employee) says

"no one like to join policy bazaar ,bcoz he is not a good companyfdddfd"

Customer Care Executive (Former Employee) says

"the whole experience there at policy bazaar was not at all good. Right from the beginning on the day of the interview to the day i left the job. I would not recommend anyone to work there.nonejob culture"

Consultant (Former Employee) says

"Do not join the sales team as it is a bpo, join as an analyst. The salary is good for bpo but you get no perks and sales targets are stringent. Hard to take leaves too."

Software Engineer (Current Employee) says

"I do not recommend any one to work here. Top level of politics. I personally have very bad experience here some enjoy there without work and some people gona die there by working and not getting any praise.basic thingspolitics"

Senior Quality Analyst (Current Employee) says

"Good Company. Going profitable also. CEO is great. Management not so great. Always looking to suck the most out of employees. Not a problem as long as the salary is good."

Senior Executive (Former Employee) says

"I started my carrier but as i completing my target it increased 50%or 75% Every month not decreasing ,as you will be tenuous there is no limit on target it will become something 20lakh p/a you have to do or leave the target."

Financial advisor (Former Employee) says

"Worked in this company for almost 9 months, since its a startup company, the management is not capable of managing the people management, structure of the company is also not good.etcNothing to tellMore work pressure"

Subject Matter Expert (Former Employee) says

"I have worked in policybazaar for 2.4 years.Although chances of growth are there however the salary offered after a promotion is not justified by any means.Internal politics is a major concern at policybazaar and management is not that good in solving the issues faced by a team or a team member."

Insurance Advisor (Former Employee) says

"I dont like policy bazaar company and i never recommend to join this organisation. Almost 10hr shift. So i never recommend to join this organisation.."

associate sales consultant for last 1 year (Current Employee) says

"Work culture and ambience of company is only confined to sales. There is no personality grooming and one can expect nothing from his/her seniors in terms of guidance or appreciation. In short your respect,dignity and importance in the company is only till you are making sales, once you are done woth your sales, they don't even bother to ask you why.IncentivesEverything apart from incentives"

Associate sales consultant (Former Employee) says

"Company was good in terms of comparing about policy it make helps to very easy selection about what they people are looking for and they can compare cost also the different company."

Associate sales consultant (Former Employee) says

"I have learn new things there. But being there i can't give my time to family as it is far from my location. We all provide our efforts to achieve our target sometime the break time get shorten or they cut our break time.healthy environmentlong hours"

Senior Sales Advisor (Former Employee) says

"Even if you have eligibility then also office politics will not allow you to grow. You have to stretch accordung to them. They don't allow you to take your paid leaves even if you have leaves in your buckets.Salary and incentives are goodNo job security...company politics"

Associate Sales Executive (Former Employee) says

"-Its all about sales - a good company to start your career - unlimited incentive to earn - work stress is very - 6 days working, earlier it was 5 day"

associate sales consultant (Current Employee) says

"when i joined policybazaar it was good...good environment no pressure. now its been totally changed, they want only business...deduction in incentives.. only one thing is good about company they provide salary on time."

Assistant Sales Executive (Former Employee) says

"Policybazaar.com is a domestic Indian company. It is insurance sector organization. I role was executive sales executive. It was a awesome experience. I had learnt many sale techniques .My colleagues and management was very supportive."

Relationship Manager (Former Employee) says

"Not Up to the Mark, They think we are The Roadside salespeople, in the near future, it won't be a new thing that they ask their Sales Staff to sale shoes on the roadside."

Associate Sales Consultant (Former Employee) says

"It is a good company.But it keeps maintaining the culture of long working hours.Managent needs to be more productive.Moreover they use to recruit Hs pass candidate as well MBA too.Promlem is that they make them sit equally.This makes embarass feel.Attractive Incentive SchemesLong hours"

Associate sales consultant (Former Employee) says

"its a hardcore sales company and you can improve your communication skill, company provide all leads so you have to just convert leads by your skills.no need to search leadspressure, outbound"

vasunyl vasu says

"I have planned to renew a policy that expired 1 year back ( Vehicle sitting in garage). Policy bazaar seems to be choice went a head and booked policy, during the purchase one of the employee assisted, he has made few changes and provided a discount ( here is the fault they say). I disclosed the current policy details over chat as well. He did confirmed we have a 20% discount. I went a head and proceeded with Quote link, made payment -
Booking Date
09-Aug-2020
Booking ID
320639401
Application No
241986365E175
*****
**some Good govt insurance company **
Comprehensive Policy
Your Premium
₹7,528 Yearly
*****************************************************************
After follow up for a week (15 Aug 2020) ,they say the previous policy expired and not eligible for No claim bonus ( their sales person set this earlier). No clarity what will be done on the policy.

I am in limbo state now, be careful and be clear before you proceed."

Sourav Kumar says

"I had taken a policy with them for over 4 years paying a lot of money for their silver cover. when I had surgery done and submitted bills for reimbursement
then they were not replying regarding the same and I called them so many times and finally they approved and finalize everything so please be specific about the policy."

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