Figuring out right life and health insurance policies is a pain due to barrage of noise including misleading advertisements and unscrupulous agents. If you search policies in these two categories online, you will be thrown with an unending number of links which do discovery, comparison, break estimated monthly installments among others.
Despite such diverse options and information, one question always lingers while purchasing health and term insurance plans: Does the insurance cover all diseases? Are the no question asked policy propagated by insurers will actually hold true at the time of emergencies? We always fear the citation of caveat until the ultimate settlement of the pay at hospital or compensation at the time of life loss.
To solve these perils, Ditto Insurance comes into the picture with the unique feature of consultation and the option to purchase insurance.
According to the company’s press note, Ditto Insurance claims to advice over 3 lakh customers, and has 8,000 Google reviews with a score of 4.9 rating out of 5. Entrackr also confirmed its rating independently.
Founded in 2021 by Pawan Kumar Rai, Shrehith Karkera, Bhanu Harish Gurram, and Lokesh Gurram, Ditto Insurance deals in life and health insurance with an advisory-based model. It’s backed by Zerodha founders and claims to weed out complexities in the insuring buying.
Ditto Insurance has raised around Rs 34 crore or $4 million to date including its seed series round led by Zerodha in April last year. According to the startup data intelligence platform TheKredible, Zerodha is the largest external stakeholder followed by Rainmatter Capital.
