The government is preparing to launch the Bima Sugam platform by December 2025. This digital portal will serve as a single place for all insurance policyholders.
Customers will be able to compare, purchase, and settle claims for life, health, and car insurance policies in one place.
The Insurance Regulatory and Development Authority of India (IRDAI) has officially announced this platform.
Initially, it was planned for April 2025 but was postponed due to technical and safety issues. Now, the first phase is expected to roll out in December 2025.
What is Bima Sugam?
Bima Sugam is designed as a one-stop online marketplace for all types of insurance — life, health, vehicle, and more. Through this platform, customers can:
Buy new policies
Renew existing ones
Manage policies
Settle claims easily
Everything will be available on a single platform, saving time and reducing hassle.
Why is this Platform Special?
Currently, customers buy and manage policies through different agents, websites, or mobile apps, which often creates confusion.
Bima Sugam will eliminate these difficulties by bringing all insurance companies and intermediaries together in one place.
Who is Behind Bima Sugam?
The initiative is being developed jointly by IRDAI, the Life Insurance Council, and the General Insurance Council (GIC).
Experts believe it could be a game-changer for insurance buyers by making policy comparison easier, speeding up renewals, and ensuring faster claim settlements.
