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Policybazaar controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2022

    Reported customer-data breach

    Policybazaar acknowledged a data breach after CyberX9 reported vulnerabilities and alleged that more than 50 million user records had been exposed.

  2. 2021

    IRDAI penalty over SMS advertising

    IRDAI imposed a ₹2.4 million penalty on Policybazaar for non-compliance with norms governing SMS advertising.