Thanks to the technological advancement, customers can buy anything online – from products to services. Today, the insurance industry has upgraded to online services, simplifying both insurers and policyholders’ work. Believe it or not, when it comes to buying insurance online, people step back due to various risk factors and doubts.
So here comes a list of frequently asked questions about online insurance:
– What is online insurance?
– What are the benefits of online insurance?
– Why is premium low in online insurance?
– Do online term plans come with additional riders?
– How to buy insurance online?
– Is it safe to purchase online insurance from an insurer?
– What are the available types of insurance plans in India?
– Which documents are required to purchase online insurance?
What is online insurance?
Online insurance is nothing but buying an insurance policy online from the insurer’s company website. You can buy life insurance online with simple few mouse clicks within the comfort of your home or office. Compared to traditional insurance purchases from a local agent or by visiting the branch, online insurance is a super-easy and cost-effective method of buying insurance plans.
What are the benefits of online insurance?
