“Hidden Reality” – The Problem
The sales pitch highlights the benefits. The fine print details the costs.
A 'low interest rate' or 'tax benefit' is often accompanied by processing fees, strict lock-ins, and exclusions that increase your total cost.
The three issues we see again and again.
01.
Charges beyond the headline rate:
Processing fees, admin charges, and policy deductions that are often excluded from the main brochure.
02.
Barriers to exit:
Penalties for stopping a policy early, lock-in periods, or charges for closing a loan before its time.
03.
Limits on payouts:
Waiting periods, mandatory co-pays, and specific exclusions that limit when you can successfully claim.
If you don’t understand the fine print, you can’t judge the real cost.
What PolicyTruth Does
We Read the Paperwork So You Don’t Have To.
We analyze your loan and insurance PDFs to find the costs, lock-ins, and exclusions that matter. No sales. No commissions. Just plain English facts so you can sign with confidence.
3-Step Overview:
01.
UPLOAD
Securely submit your PDF (loan offer, insurance policy, or fee schedule).
02.
WE ANALYZE
A human reviewer (tech-assisted for speed) extracts the hard numbers, fees, and fine-print clauses.
03.
YOU CLARIFY
Receive a pdf report with plain-English observations and specific questions to ask your provider.
The Solution – “Your Fine-Print Committee”
What We Cover (The Value)
1.
FOR LOANS
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Total Cost Breakdown: We flag EMIs, processing fees, and bundled add-on charges.
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The "Extras": Checks for insurance premium financing or unnecessary bundles.
2.
FOR LIFE & HEALTH
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Real Costs: Breakdown of premium allocation, admin charges, and rider costs.
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Exit Rules: Explanation of surrender charges and lock-in periods.
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Coverage Limits: Waiting periods, co-pays, sub-limits, and exclusions.
3.
FOR MOTOR INSURANCE
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Policy Schedule: Plain English breakdown of Base Cover vs. Add-ons.
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The Details: We explain your IDV, deductibles, and claim conditions so you know what you are paying for.
4.
PLUS
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Question Bank: A structured list of questions you can ask your agent or bank in writing to get clarity.
Who This Is Typically Used By
(No Suitability Assessment)
Perfect For:
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Home & Car Buyers: Reviewing a loan offer where insurance is bundled or fees are confusing.
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Policyholders: Trying to understand a new Health or Life policy document.
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Motor Owners: Checking a renewal notice to understand coverage and add-ons (like Zero Dep or Engine Protect).
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Smart Families: Who want independent verification before making a financial decision.
Not For:
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Advice Seekers: We do not recommend products or tell you to buy/cancel/switch.
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Disputes: We do not handle claims, litigation, or guarantee outcomes.
Insights Teaser
Guides and explainers (education only):
How to compute total loan cost when fees and add-ons are involved
Services Snapshot
How to read health insurance exclusions and waiting periods
Services Snapshot
Understanding surrender / discontinuance terms and lock-ins
Services Snapshot
How grievance escalation works (Insurer → IRDAI portal → Ombudsman eligibility)