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Now get car and bike insurance in just 2 minutes with Paytm! signed agreements with 14 companies


New Delhi. Through the payment app Paytm, you will now be able to get not only digital payment but also insurance of your bike and car. Paytm Insurance Broking Private Limited (PIBPL) A wholly owned subsidiary of Paytm, offers car and bike insurance. The company has partnered with 14 top insurance companies for affordable vehicle insurance plans.

Vehicle owners will not be required to upload any documents before purchasing the policy on the Paytm platform. Also, they will not have to worry about being bothered by telecallers forcing them to buy insurance. Payment for these insurance products can be done through Paytm Wallet, Paytm Postpaid, Paytm UPI, Net Banking, Debit and Credit cards. PIBPL also offers up to 80% off on own damage cover on select vehicles.

The company is providing so many add-on options

PIBPL offers only third party and own damage only policy purchase option in a completely digital process. Along with this, the company is also offering 14 add-on options for cars and 6 add-on options for two-wheelers, including zero depreciation, challan cover, road side assistant and engine safety available on the platform.
Separate support team formed for service

The company will provide a claim support and post policy purchase service to its customers. For this there will be a dedicated service team so that users do not face any problem. Motor insurance products are available on Paytm App (Android and iOS), Paytm website and mobile website as well as www.paytminsurance.co.in.

Policy can be taken in two minutes, will be issued immediately

Spokesperson of Paytm Insurance Broking Limited said, “Insurance continues to be an underserved segment in India. Paytm hopes to change this by prioritizing accessibility and affordability. We are focused on making the entire process of buying and renewing both car and bike insurance simple, intuitive and completely digital. It will take only 2 minutes to get the policy. The policy will be issued immediately.


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