CoverFox is a simple yet robust online platform for insurance

Country: India
Year founded: 2013

  • “Insuring your car couldn’t be simpler. Your policy could be in your inbox in 7 minutes.” CoverFox’s one line pitch sums up the gist of its service offering. CoverFox allows consumers to compare insurance features to make better informed decisions before purchasing it online conveniently.

Concept

  • CoverFox has 5 categories of insurance policies including Car, Bike, Health, Travel and Term Life and works with over 25 insurers to offer consumers more than 100 products

Consumer Benefits

  • Objective advice: More informed about the importance of various features related to an insurance policy
  • Wide selection of choices: More policies to compare with
  • Post-sale assistance: More post-sale support including claims processing and insurance renewal

How It Works:

1) A user answers a few questions related to the policy that he is interested in.

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2) The user will then be provided with the search results listing suitable insurance policies and he can purchase the plan directly by making the required payment online.

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3) The user will receive the policy in soft copy in his inbox almost immediately