Briezi: Protection Forever

Briezi Insuretech Private Limited

About this app

Introducing Briezi, your go-to app for seamless insurance management and financial solutions in India! Briezi empowers you to understand your coverage better. Easily make premium payments, manage policies, and enjoy the following key features:

Risk Coverage Without the Cost:
Assign your insurance policy to Briezi and continue enjoying comprehensive risk coverage at zero additional cost. Experience peace of mind without the extra financial burden.

Premium Financing at Your Fingertips:
Convert your insurance premiums into manageable EMIs with annual interest rates ranging from 14% to 18%. Briezi makes premium financing simple and accessible.

Insurance Policy Loans:
Need extra financial support? Avail loans against your insurance policies at a competitive annual interest rate of 12%. Briezi is here to offer you flexible and convenient financial solutions.

Here’s an example of how a loan against insurance work
• Minimum Tenure - 6 Months
• Maximum Tenure - 36 Months
• Loan amount: ₹ 50,000
• Processing fee (2% of loan amount * 18% GST) : ₹ 590
• Total Loan amount: ₹ 50,590
• Interest: 12% p.a. (on reducing principal balance interest calculation)
• Tenure: 12 months
• Your EMI: ₹ 4,495
• Total Amount to be paid: ₹ 4,495 x 12 = ₹ 53,940
• Total interest paid: ₹ 53,940 - ₹ 50,590 = ₹ 3,350
• Total cost of loan: ₹ 3,350 + ₹ 590 = ₹ 3,940
• APR (Annual Percentage Rate): 14.2%

Our Partner NBFCs
• Radiant Equity Management Pvt Ltd

What’s new

UI Improvements
Bug Fixes
Performance Improvements