Official Regulatory Disclosure

Terms of Use & Broker Status

These terms govern all quote comparisons, policy advisory, and risk consultation services provided by KVR Insurance Broking Private Limited.

Last Updated: June 30, 2026•CIN: U66290TS2025PTC193017•IRDAI Licence: 1161

Licensed BrokerIRDAI RegisteredDirect Broking (L&G)

Corporate Support Desk

For commercial risk diagnostic audits, corporate policy reviews, or group welfare consultations.

Contact Desk:+91 79013 88855

These service terms represent a legally binding agreement between you (as an Individual or acting on behalf of a Corporate Enterprise) and KVR Insurance Broking Private Limited. By accessing our platform, policy comparisons, or claims checklist, you accept these conditions.

1. Broker Status and Disclosures

IRDAI Broker Regulations Compliance

KVR Insurance Broking Private Limited is a licensed Direct Insurance Broker registered under the Insurance Regulatory and Development Authority of India (IRDAI) regulations.

Independent Client AgencyWe act solely on behalf of our clients, not the underwriters. We analyze risks and advise on optimal policies across carriers.

No Premium MarkupsOur advisory and claims facilitation services are free of charge. We are compensated via standard commissions paid directly by insurers.

Please Note: We are not an insurance underwriting carrier. Policy acceptance, underwriting decisions, terms selection, and ultimate claim payouts are under the exclusive authority of the respective underwriting insurance company.

2. Quote Accuracy & Product Limits

Underwriting Tariffs and Disclosures

Premium quotes, benefits matrices, and terms comparison details displayed on the site are based on rates obtained from our partner underwriters. While we strive to display fresh, accurate data:

Subject to Change: All quotes are indicative and subject to change based on actual corporate risk surveys, medical histories, or claims history audits performed by the insurer.
Inspection Protocols: Commercial asset covers (Property, Marine) and Motor covers may require surveyor physical inspections before active binder logs can be confirmed.

3. Corporate & User Representations

Material Disclosures and Duty of Utmost Good Faith

Under insurance law (Section 45 of the Insurance Act, 1938), policyholders must disclose all material information. When utilizing our digital portals or contacting our advisory desks, you represent that:

Truthful Declarations: All data, including corporate claims history, assets values, pre-existing employee conditions, and operations details provided are accurate and complete.
No Material Suppression: You have not suppressed any material facts or risk exposures. Underwriting carriers reserve the absolute right to cancel policies and reject claims if material facts are withheld.

4. Limitation of Liability & Indemnity

Broker Indemnity and Contractual Bilateralism

The insurance policy is a bilateral contract exclusively between the policyholder (individual or corporate client) and the underwriting company.

KVR Insurance Broking Private Limited, its directors, and advisors shall not be held liable for any disputes arising from claim rejections, delay in settlements, underwriter insolvency, or changes in policy guidelines. We act as facilitators and advocates, but do not guarantee insurer performance.

5. Governing Law & Grievance Redressal

Judicial Jurisdiction and Ombudsman Channels

These terms are governed by the laws of India. Any disputes arising out of our brokerage services shall be subject to the exclusive jurisdiction of the courts located in Hyderabad, Telangana, India.

For any regulatory complaints, clients may utilize the IRDAI Integrated Grievance Management System (Bima Bharosa) or contact the local Insurance Ombudsman channels as detailed on our help center.