Policybazaar.ae Partners With Tabby to Launch Insurance Instalments
Policybazaar.ae has partnered with Tabby to introduce split-payment options for insurance premiums in the UAE, expanding access to interest-free instalment plans for motor and health insurance customers.
Through the integration, customers can now divide annual premium payments into four equal monthly instalments with zero interest and no processing fees. For those seeking more flexibility, extended repayment plans are also available over six, eight, or 12 months.
The new offering is designed to reduce the upfront cost of insurance coverage, which has traditionally created a financial hurdle for many households. By embedding a buy now, pay later-style option directly into the purchase journey, the companies aim to make it easier for customers to secure the coverage they need without paying the full premium at once.
Tap Payments is providing the checkout infrastructure for the integration. According to the announcement, users can select Tabby at the point of purchase to complete their transaction securely.
Toshita Chauhan, Chief Business Officer at Policybazaar.ae, said the company sees insurance decisions as something that should not be constrained by immediate cash flow.
“Insurance decisions should never come down to cash flow,” Chauhan said. “With a no-cost payment plan option built directly into the checkout, customers can now choose the plan that truly protects them, not just the plan they can afford to pay for in one go.”
Zain Khan, Senior Director of Business Development at Tabby, said the partnership is intended to help customers access the coverage they want while spreading payments over time.
“Customers can now get the cover they actually want, paid over time, rather than settling for less because of timing,” Khan said.
The flexible payment option is now live for consumers using the marketplace platform in the UAE.
Industry Analysis
The partnership highlights the growing role of embedded payments and instalment-based financing in insurance distribution. For insurers and marketplaces, offering flexible payment options may help lower purchase barriers and support conversion, particularly in categories such as motor and health insurance where annual premiums can be significant.
It also reflects broader demand in the UAE for payment flexibility at checkout, as financial technology companies continue to integrate BNPL-style features into non-retail sectors. If adoption proves strong, similar models could become more common across insurtech platforms seeking to improve affordability and customer experience.
