IndianMoney Review of Pros Of Buying Insurance Online
by indian money Financial advisors,Health insuranceWhat are the benefits of purchasing insurance online? Let us delve into the details in the following sections.
1. Ease and convenience
As
per IndianMoney review,
you can buy insurance policies online at the convenience of home, office or
even while traveling. Many insurance companies have chat bots which suggest
insurance policies on the basis of needs.
All
the details of the policy are documented and you will have enough time to go
through and choose the best. In the case of online
insurance, you will be filling in
all personal information yourself. So, there will be fewer chances of
errors.
To
buy an insurance
policy online, all you have to do is
visit the official website of the insurance company or Indian Money company
website, provide the required details and make payment, online.
Note:
As per Indian Money Company Profile,
proposal form should be filled by policyholder himself.
2. Lower premium
Buying
an insurance policy online can help save a lot of money as the premium of
online insurance policies are low, when compared to policies bought offline.
Usually, many insurance companies offer online policies at around 30-40%
discount.
According
to Indian Money Company Bangalore, this
is mainly because in the case of online
insurance, there are no
intermediaries or agents between the insurance company and customers. As
insurance companies don't have to spend on agent commission and paperwork, they
save a lot of money and this benefit is directly passed on to customers.
3. Easy comparison
There
are a lot of insurance companies who offer multiple policies. It is quite
difficult to choose the best policy. But, with an online insurance purchase, you can reviews
policies offered by various insurers and choose the best. There are also many
websites which help avail policies offered by various insurers.
4. There is no headache of mis-selling
You
might be aware of various complaints where insurance policies
are mis-sold by the agents, to earn high commission. But, in the case of online
policies, mis-selling is not possible as you will be dealing directly with the
insurance companies and there are no agents involved.
5. Higher Sum Assured
Most
of the insurance policies which
are being sold online, offer high sum assured vis-a-vis offline policies. Indian Money review
says that the insurance policy which you avail must have sufficient sum
assured.
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Created on Dec 5th 2018 06:53. Viewed 472 times.