What this
actually is.
onn is an insurance intermediary being built in the open. Everywhere else on this site we say “cover” and keep it short. This page is the long version, in category words: what we are, what works today, how the money will work, and how you can check every claim on this page without trusting us.
Where we are today.
We are not placing policies yet
onn is pre-licence. We are not registered with IRDAI as an intermediary today, and until we operate under a licence — our own or a licensed partner’s — nothing on this site sells, solicits, or recommends any specific insurance policy. No payment is taken anywhere on this site.
What works right now
The corridor: an indicative cover number you build yourself in four taps, from public rate patterns; the gap against what your employer already covers; what closing it typically costs; and a real, named option at an indicative price. Tapping Buy now reserves a place — a reservation number, recorded, with your quote emailed to you. No payment is taken, and no policy is placed: the reservation is a held place in a queue for the day we can, which the same email says plainly.
Why we’re telling you this
Because the alternative is pretending, and this whole page exists so you never have to wonder what’s behind the short version.
The words, plainly.
Term insurance
A fixed sum paid to your nominee if you die during the policy term. It is the cheapest way to hold a large amount of cover, because it pays only in that one case. Premiums are set by the age you buy at and stay flat for the whole term.
Health insurance
Pays hospital bills — yours, or your family’s if they’re on the policy. Premiums rise with age at renewal. Waiting periods apply to pre-existing conditions; the length is stated in the policy document.
Sum assured
The amount the policy pays out. This is the number the estimator helps you size — enough usually sits at 15–20× your annual income for term cover, so the payout can replace your income for the years it would have covered.
Nominee
The person the payout goes to. They’re usually the one who deals with the claim, so they should know the policy exists, where it’s kept, and what to do — the checklist covers this.
Rider
An optional add-on to a base policy — accidental disability, critical illness, premium waiver. Each costs extra and each is optional. No rider is required to buy a policy.
How the money
will work.
The commission, named
When an intermediary places a policy, the insurer pays it a commission. That commission is built into every premium in the market — it funds every agent, every aggregator, and every “free” comparison site. It will fund onn too. The difference we’re committing to is that you’ll see it: the commission on your policy, as a number, at every option, before you buy.
Until then
This site earns nothing. There is no commission in the estimate, no paid placement, and no insurer relationship influencing what you see here today.
Whose side the structure puts us on
The licensing path we’re building toward is the broker model, where the intermediary legally represents the policyholder — you — rather than the insurer. That’s a structural fact you’ll be able to verify against the licence category itself, not a slogan.
Check it yourself.
Without us.
Everything worth knowing about an insurer is public. Here is how to audit one — or audit us — in fifteen minutes:
Claim settlement record
IRDAI publishes every insurer’s claim settlement figures in its annual report, and insurers publish their own claim ratios. Look for the percentage of claims paid by count and by amount, over multiple years — one good year is noise.
Solvency ratio
A regulatory measure of whether an insurer can pay what it owes. IRDAI requires a minimum of 1.5; the figure is in every insurer’s public disclosures.
Exclusions
The list of what a policy does not pay for, in the policy wording itself — which insurers must publish. Read it before buying, not at claim time. Anything a seller says that isn’t in the wording doesn’t exist.
The intermediary’s registration
Every licensed insurance intermediary appears in IRDAI’s public registers. When onn operates under a licence, the registration — ours or our partner’s — will be named on this page, checkable there.
Leaving a job —
or a job leaving you.
What happens to employer cover
Group term and group health cover provided by an employer usually ends on your last working day — whether the exit was your idea or theirs. The exact date is in your policy or with HR, and it’s worth confirming in writing.
The migration right
Under IRDAI’s health insurance rules, members of a group health policy have the right to migrate to an individual policy with the same insurer — carrying forward the waiting-period credit you’ve already earned, instead of starting from zero. The window to exercise it is short, commonly 30–45 days around exit; the precise terms are in the group policy, so ask before your last day, not after.
Term cover is yours regardless
An individual term policy you hold yourself has nothing to do with your employer. It travels with you through every switch, sabbatical, and gap — which is the honest reason to hold one at all.
Your data.
What we collect, and why
If you save your number: your email, plus the four inputs you tapped — age band, income band, smoker status, and the multiplier — and the number shown. It’s used to send you your estimate and to understand whether this product works. Nothing else, and never sold.
Deleting it
Reply “delete” to any email from us and everything goes. The full detail — what’s stored, where, for how long — is in the privacy policy.
Questions,
answered straight.
Is onn an insurer?
No. onn is an insurance intermediary in build. Insurers underwrite and pay claims; an intermediary helps you find and compare their policies. Any policy you eventually buy is a contract between you and a licensed insurer.
Who regulates this?
IRDAI — the Insurance Regulatory and Development Authority of India — regulates insurers and every category of intermediary, including the licence onn is building toward.
Why is there no phone field anywhere?
Because there’s no call to schedule. The path here is designed to be finishable by you, on your own, in one sitting — and a phone field would be a promise to interrupt you later. If you ever want a human, that will exist because you asked, never because we called.
Is the estimator a quote?
No. It’s an indicative estimate built from public rate patterns, so you can size your cover before talking to anyone. Real premiums depend on the insurer, the product, and underwriting — including, for term cover at adequate sums, a medical check.
Can I really finish in one sitting?
The application, yes — that’s the honest claim. Issuance can take longer: term cover at adequate sums usually needs medical underwriting, and health policies have their own processing time. We say “application in one sitting” because that’s the part we can promise.
What happens after I reserve?
You get one email: your numbers, your indicative option, your reservation id, and a plain statement of where the licence stands. When we can place policies, reservations are contacted first, in order. That’s the entire sequence — no drip campaign, no calls.
What’s in it for onn right now?
Evidence. We’re testing whether cover can be sold the way this site works — self-served, call-free, with the ledger open. Every saved number is a data point in that test, and we’d rather earn the answer than assume it.