Why Opt for an Online Term Insurance?

About This Presentation
Title:

Why Opt for an Online Term Insurance?

Description:

Online term insurance is one of the simplest term life insurance plans in India providing a large coverage for a fixed period. Online term insurance is a cost-effective way to avail substantial death benefit to secure your family’s future financial needs. – PowerPoint PPT presentation

Number of Views:12

less

Transcript and Presenter's Notes

Title: Why Opt for an Online Term Insurance?


1
Online Term Insurance
2
Why Opt for an Online Term Insurance?
3
  • Shopping online is not just a trend today but a
    necessity too, since time is a constraint for
    most of us. Customers tend to shop for a number
    of things online including clothes, electronics,
    flight tickets and even term insurance policies.
    Yes, as surprising as it may sound, more and more
    finance companies are promoting purchase of
    policies online. Moreover, they even design
    products that can be purchased online only. By
    creating such products, finance companies
    encourage potential buyers to invest in a term
    policy who otherwise would pass the opportunity
    considering the tedious process involved in
    buying one through conventional methods.
  • Buying an online term insurance has plenty of
    benefits attached to it. A few are as listed
    below -
  • These sites give you the facility to compare the
    policies to help make an informed decision. Also
    they list reviews on the policy by existing
    policy users. Reading the product details
    yourself, will help you make an informed choice
    rather that trusting a third party.

4
  • Flexibility of Choice -
  • Online term insurance policies are usually made
    absolutely flexible with a lot of options. The
    customer has the liberty to make his/her own
    decision with various aspects of the policy. You
    can choose a policy term that is most suitable to
    you, select the sum assured amount of your
    policy, decide on the payment of premiums
    (whether annually or semi-annually), mode of
    payment and much more. These options put you in
    control of your policy.

5
  • Hassle Free Process-
  • One of the major advantages that online policy
    purchase provides is a convenient mode of
    availing insurance. For starters you can buy
    yourself a suitable cover from the comfort of
    your home or in between the busy schedule of work
    with just a click. Also you can complete the
    required formalities online and forget about
    following up with agents. Moreover, deciding on
    the right insurance is easier when you read the
    details given online, rather than trusting an
    agent.
  • Ease of Comparison -
  • Online Term Insurance shopping provides you the
    ease of comparing different products in the
    market. It is not sensible to rely just on one
    company in the market. Comparison helps you to
    understand which product suits you the best. You
    can either visit the sites of the top insurance
    providers and read the details of their products
    or opt for sites that provide users information
    on various products.

6
  • Better Affordability -
  • Like many other merchandises, online shopping for
    a policy gives you a cheap deal too. By
    comparison of various polices you can easily find
    out a policy that provides the required features
    at an affordable cost. Many-a-times online
    policies provide reduced premium for non-smokers.
    This works like an incentive for potential
    buyers. Moreover like every life insurance
    policy, online term insurance also provides you
    with tax benefits, thus leading to big time
    savings.
  • Online term insurance purchase is the most
    comfortable mode of securing your life today.
    With just a click you can easily complete all
    formalities and buy yourself an insurance policy
    that not only matches your requirements perfectly
    but also gives you better control over it.
  • The author is an experienced writer with keen
    interest in insurance sector and constantly
    updates users on the new developments in the
    industry. Try term insurance for a comprehensive
    cover for your family.

7
Follow us on
https//www.facebook.com/bajajallianzlifeinsurance
ltd
https//www.linkedin.com/company/bajaj-allianz-lif
e-insurance-co-ltd-
http//plus.google.com/bajajallianz/posts
https//twitter.com/bajajallianzLIC
https//www.youtube.com/user/jiyobefikar
https//instagram.com/bajajallianzlifeinsurance
8
Click to know more on Online Term Insurance
https//www.bajajallianzlife.com/term-insurance/is
ecure-insurance-plan.jsp
Thank You
Write a Comment
User Comments (0)