Terms and Conditions

Looking to buy insurance online? Welcome to www.wishpolicy.com. Operated by WishFin Insurance Web Aggregator Private Limited, this site not only eases your insurance buying experience but ensures that you make an informed choice. Licensed by the Insurance Regulatory Development Authority of India (IRDAI), Wishpolicy is governed by the organization’s guidelines and promises some of the best services subject to certain terms and conditions.

Before proceeding to avail our services, you are requested to read, understand and accept the following terms published on this page and other conditions linked to this page.

Benefiting From Our Services

By logging on to our site and submitting your name and requested contact details, you hereby agree that you are interested in purchasing and taking advantages of the products and services that you have selected. In addition, you understand that the employees of Wishpolicy may get in touch with you either electronically or call you at your number to understand your requirements and your consequent interest in some of the products and services that we sell.

We value your interest in our services. As an essential element of our customer-driven services, we would be sending our customers reminders regarding policy renewals or when the next payment is due. As a valued customer, you agree that Wishpolicy reserves the right to share your details with its affiliates and partners who may then contact you to help you with further information about their products by either calling you, dropping you an SMS or through email. To ensure that you do not feel left out of any additional products or services launched by Wishpolicy, you will receive promotional materials and/or updates about special offers from our company through an SMS or Email.

Eligibility Rules

Wishpolicy does not sell any insurance product or avail any of its services to minors, aged under 18 years, or to any user suspended or removed from the system by the company due to any reason.

Service Limitations

Our customers will find relevant and necessary content and details about various kinds of insurance products, including their benefits in addition to information about services not covered by various insurance plans. Please remember that all this information is shared on our site to help you gain a better understanding of the insurance policies that you can buy through Wishpolicy.com

However, it is important to remember that the benefits, terms and conditions of each insurance policy are different. Hence, you must read into the details of the insurance policy that you wish to buy before proceeding to make the payment towards the same.

As otherwise stated by us in writing, no content or material from this website or any other site owned, licensed, operated and controlled by us may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way without our prior permission. Any material downloaded from our site must contain our copyright and other proprietary notices published on it.

Similarly, you will not distribute, edit, change, transmit, republish, repost or use the content shared on our website for any public or commercial purposes. This content may include the text, images, videos and audio links shared on our site.

Buying Rules

The premium rates of the insurance products sold on our website may not be final and binding. This means that the insurance company may come up with new rates after you have submitted your documents and paid your premiums. Additionally, the rates pursuant to each insurance policy are provided and validated by the insurance companies themselves, which means that they may change without prior intimation. Wishpolicy assumes no responsibility suffered by its customers in any such case.

Some of the best things in life like insurance are not free. Service tax will be charged on the insurance premiums that you pay as per applicable guidelines and will be included in the premium rates that insurance companies charge. To know details about the exact fees and charges by various insurance companies, it is advisable that customers check their insurance proposal forms carefully.

Terms & Conditions Regarding Cancellation & Refund / Chargeback
  1. Cancellation and Refund During The Free Look Period
  2. The IRDAI clearly stipulates that customers have the right to cancel their insurance policies within 15 days from the day they have received their policy, also called the Free Look Period). The insurance company will refund the premium amount received as per its applicable guidelines, regulations and procedures. However, the benefit of the Free Look Period is available only on life and health insurance policies subject to other terms and conditions expressly specified by the IRDAI.

    The amount charged on medical tests carried out before policy issuance, administrative and service costs including stamp duty and mortality charges pursuant to the predetermined policy period would be deducted. However, the nature and extent of deduction are subject to each insurer and differs from one to the other.

    Also, all refund payments will be the sole responsibility of the insurance company you had chosen and will be made as per the guidelines drawn by the IRDAI.

  3. Chargebacks
  4. Policyholders who have paid insurance premiums using their card (Debit Card / Credit Card) through the Wishpolicy website may request for a Chargeback with their issuing back for reversal of the transactions made.

    However, reversal of transactions made is allowed only under specific circumstances including:

    1. However, reversal of transactions made is allowed only under specific circumstances including:
    2. Any amount deducted from a card listed as a hot listed card or from the one listed on the warning bulletins of any card association;
    3. A copied processing of the transaction made;
    4. Other reasons as the rules and guidelines issued by the RBI, card associations or payment issuing bank, etc

Wishpolicy reserves the right to reject the Chargeback for reasons including:

  • In case your medical tests or underwriting is in process with your choice of insurance company. However, this must not take more than three months from the date on which the customer had applied for the insurance policy;
  • If there is any delay caused by the insurance company in carrying out medical tests or in issuing the insurance plans or any service in connection with the insurance policy issuance;
  • If your application to buy insurance has been rejected by the insurance company after having carried out your medical tests

Wishpolicy is not liable to respond to any claims, disputes or proceedings resulting from Chargebacks initiated by their customers in case of any of the aforementioned circumstances.

Claim Settlement

Settlement towards any claims is completely at the discretion of the insurance companies licensed and regulated by the IRDAI. Wishpolicy is not responsible for any claim settlement made between their customers and their corresponding choice of insurance companies.

Liability Limitation

Wishpolicy ensures that every information published on this site is accurate. However, any innocuous omission or human error made on the site is regretted. In the event of any damage caused to our customers owing to any false information published on the company’s site, Wishpolicy is liable to pay for damages only to the extent suffered by you.

Wishpolicy reserves the right to add, amend, revise, cancel or put on hold any or all of its services without informing its visitors and customers in advance. Any modifications, changes or amendments made will be effective and binding on the site’s viewers and customers.

Indemnification

You agree to secure or exempt Wishpolicy, its employees from any legal liability from any financial obligation or liability in the event of any claims, causes of action, demands, recoveries made, losses suffered, damages caused, fines and penalties imposed or expenditure of any kind stemming from breach of the Terms of Use, contravention of any rule of law or due to infringement of rights of any third party or users of this site.

Jurisdiction/Legal

Unless as expressly mentioned, Wishpolicy does not represent that the material contained on its site is apt and suitable for use in any jurisdiction. Those who choose to visit this site and transact through it would do so in a bid to make use of its facilities and are themselves responsible to comply with the local laws. The information contained on Wishpolicy’s site is simply to inform and educate and not created to prompt any idea of security or any encourage the sale of insurance policies or any other financial product or service.

External Linking

Wishpolicy may provide services of linked sites to its customers or viewers. However, Wishpolicy holds no responsibility for the content published on the sites it is linked to nor does it endorse or promote the content shared on the linked site or any product or services sold by them.

Trademarks & Copyright

The trademarks, logos and service marks displayed on the Wishpolicy site fall within the purview of its property or its parent company in addition to its associated parties and service providers. Each and every information including the content on this site apart from the software programs available on it is protected by the country’s copyright laws. Viewers, users and customers are, thereby, prohibited from editing, altering, copying, distributing, transmitting and sharing by any form, displaying, publishing, selling, licensing or creating derived pieces or using any part of the site for commercial or public uses.

DISCLAIMER

Insurance is a subject matter of solicitation. As the name suggests, Wishfin Insurance Web Aggregator Private Limited compiles and provides information about insurance policies of various companies on its website in addition to facilitating their purchase. For more details on the risk factors, terms and conditions, please read the policy document carefully before buying any policy.

Content DISCLAIMER:

Wishpolicy has included relevant content on its website with the intent to inform and educate its viewers. The details regarding insurance are generic in nature and are not particular to any one insurance company. Premium charges and insurance benefits are subject to change as per the guidelines by the Insurance Regulatory Development Authority of India (IRDAI) and policy changes by different insurance companies. Though Wishpolicy ensures to share impartial and accurate details about the products it sells to its customers, the company is in no way responsible for discrepancies at any level in the data published on its site.

During any step of disseminating necessary information through quality content creation, Wishpolicy ensures that there is no violation of intellectual property or ancillary rights involved. Use of any part of Wishpolicy’s content is subject to the company’s discretion and cannot be used for any publishing or commercial use without its prior permission.

Any information provided by Wishpolicy.com (and Wishfin Insurance Web Aggregator Private Limited) on its calculators and website, campaign pages, advertisements, videos, voice, social media content or any message/content (hereby referred to as "marketing materials") is for indicative purposes only and will not amount to any pre-qualification or eligibility or approval for sanction of any Service. Eligibility for any sanction of any product/service on Wishpolicy.com may require additional information and documents which cannot be gathered in this calculator/marketing material. The figures and formulae built into this calculator/marketing material may vary and are subject to changes at any time without notice.

Product DISCLAIMER:

Wishpolicy is a platform that eases the insurance buying process for its viewers and customers. This company is essentially into insurance web aggregation and online selling business and allows every existing insurance company to be registered on its platform. However, Wishpolicy does not take the pain to check the credibility of each insurer or the relevance of each insurance product sold on its site. Viewers and customers have to satiate themselves with the company’s terms and conditions before proceeding to buy any product or avail any service from Wishpolicy.com. In addition, Wishpolicy plays no role in determining the prices of various insurance products shown on its website. Any negotiation regarding any products or services or the terms and conditions put forth by your choice of the insurer has to be done at the customers’ end.

Any link regarding information about products and services by third parties involved or any links pointing to our site by any third party involved need not enjoy our endorsement or recommendation in any form. The quality of any insurance policy, life or general, bought by you will be treated as the byproduct of your judgment and preference.

STATUTORY DECLARATION

THE MATERIAL AND THE MEDIA USED TO PROVIDE THE MATERIAL (INCLUDING THE WEBSITE ) ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESS OR IMPLIED OR STATUTORY, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE OR NON-INFRINGEMENT. DISCLAIMS, TO THE FULLEST EXTENT PERMITTED UNDER LAW, ANY WARRANTIES REGARDING THE SECURITY, RELIABILITY, TIMELINESS, ACCURACY AND PERFORMANCE OF THE MEDIA AND MATERIALS. WISHFIN INSURANCE WEB AGGREGATOR DOES NOT WARRANT THAT ANY DEFECTS OR ERRORS WILL BE CORRECTED, OR THAT THE CONTENT IS FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS.

WISHFIN INSURANCE WEB AGGREGATOR DISCLAIMS ANY AND ALL WARRANTIES TO THE FULLEST EXTENT OF THE LAW, INCLUDING ANY WARRANTIES FOR ANY INFORMATION, GOODS, OR SERVICES, OBTAINED THROUGH, ADVERTISED OR RECEIVED THROUGH ANY LINKS PROVIDED BY OR THROUGH THE MEDIA SOME COUNTRIES OR OTHER JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF IMPLIED WARRANTIES, SO THE ABOVE EXCLUSIONS MAY NOT APPLY TO YOU. YOU MAY ALSO HAVE OTHER RIGHTS THAT VARY FROM COUNTRY TO COUNTRY AND JURISDICTION TO JURISDICTION.