Posted on: Feb 13, 2019 | 3 mins | Written by: HDFC ERGO Team

5 Amazing Benefits Of Online Insurance

You may purchase insurance either through an agent (offline) or online. Although online purchases are increasing, several buyers are sceptical about this mode. Buying insurance policies online has several benefits. Here are five such benefits.

1. Convenient

You do not have to visit an agent or an insurance company to purchase the policies. You are able to buy the desired plan from the comfort of your home or office. The entire procedure of online insurance is quick and hassle-free, which saves time and efforts. The companies offer a user-friendly interface to enable you to immediately buy the policy.

2. Informative

There is a vast amount of information available on the Internet. Online portals allow you to compare and understand different policies offered by various insurers. You are able to research different plans and make an informed decision. When you buy insurance online, you are assured of buying a policy that suits your personal needs. Moreover, agents may try to sell you policies that do not match your requirements and this is avoided when you purchase online.

3. Affordable

Do you ask yourself, "are online insurance quotes accurate" because of lower premiums? Generally, online policies are often 30% to 70% cheaper than offline plans. This is because insurance companies are able to reduce their overheads and eliminate agents’ commissions while selling online policies.

4. Automated

You may often wonder how to pay online insurance premium. Most insurance companies provide simple and easy-to-use online platforms that make paying the premiums a hassle-free and quick procedure. There are multiple safe and secure online payment modes available for ensuring a smooth transaction. Furthermore, you are able to receive instant premium quotes, download policy brochures, file claims, and track your investments through the online medium.

5. Quick assistance

If you are not technically well-versed, you may not know how to buy insurance online. There is no need to worry because most insurers offer live chat assistance to help you through the process. Furthermore, you may call the toll-free number if you require further clarifications.

A major concern for many buyers is whether online purchase is safe. Insurance companies use secured servers to help you transact online. You may be assured that your confidential and sensitive information is not misused in any manner. One way to overcome doubts about “is online insurance safe” is to work with a well-reputed and reliable insurance company. Furthermore, you may read reviews and comments given by other customers to make the right decision.

With the right information and little precaution, you will not only be able to buy insurance policies online but also ensure that it is completely safe.

To know more about our Insurance Plans and its benefits CLICK HERE


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