Solution — for insurance, BFSI, subscription businesses

Stop Losing Policies to Renewal Lapse

30-50% of insurance policies lapse from forgotten renewals. AI voice agent calls policyholders 30/15/7 days before renewal, sends payment link via WhatsApp, handles plan upgrade options. Reduces lapse by 30-50%. From ₹75,000 + ₹5,000/month.

30-50%

Lapse reduction

From ₹75,000

Build price

Hindi+

Multi-language

T-30/15/7

Reminder cadence

Renewal flow we automate

T-30 days: WhatsApp + voice reminder

First nudge a month out. 'Your motor insurance renews on [date] — review options?'

T-15 days: AI call with payment link

Personal call from AI. Confirms policyholder details. Sends Razorpay/UPI payment link via WhatsApp.

T-7 days: Final reminder

Stronger urgency. Mentions consequence of lapse (coverage gap, no-claim bonus loss).

Upsell opportunity

During call, AI offers upgraded coverage, family add-ons, top-ups — when customer is paying attention.

Reschedule + payment plans

Customer can't pay now? AI captures preferred date or installments. Schedules follow-up.

Escalate complex queries

Customer has claims questions or wants to switch policies → warm transfer to human agent.

ROI math

  • Insurance broker with 10,000 policies, ₹8K avg annual premium, 30% lapse rate

  • Current lost premium from lapse: 3,000 × ₹8,000 = ₹2.4 Cr/year

  • With 40% lapse reduction: saved 1,200 × ₹8K = ₹96L/year recovered premium

  • Solution cost: ₹75K setup + ₹5K/mo retainer = ₹1.35L/year

  • Payback period: <2 weeks

  • Plus upsell revenue from in-call cross-sell

Use cases by insurance type

  • Motor insurance (annual renewal, high lapse rate)

  • Health insurance (annual + lifetime continuity matters)

  • Life insurance (premium reminders, lapse prevention)

  • Term insurance (annual or monthly premiums)

  • Travel insurance (point-of-need renewals)

  • Two-wheeler insurance (high-volume, high-churn)

  • Property insurance (annual, often forgotten)

FAQ

Underlying services that power this solution

Pick the implementation approach that fits your scale + needs.

Stop losing premium to lapse.

Book a discovery call. ROI estimate within one business day.