Top 3 Benefits of Buying Insurance Online
Online insurance is one of the best ways to buy an insurance policy. In fact, buying insurance online is convenient, fast, and usually cheaper. Just with a single click of mouse, you can buy any insurance policy from any corner of the world and at any point of time. So, here are the following benefits of online insurance that one must know–
1- It offers buying benefits: The entire process is paperless and thus, reduces the cost of buying. The biggest benefit of an online platform is that it allows the customer to make an informed decision. There are several online websites that let you do an overall comparison of features as well as prices of a particular type of policy across several companies. This will help to purchase the policy that suits your need the best. In addition, you can also check the reviews and comments when buying online.
2- It provides online assistance: Not all of us are equally net savvy. Some of us may have doubts while making financial transactions online. Thus, the insurance company websites usually have a live chat facility on their website, where customers can get clarification in case of any doubt. Moreover, there’s a toll number where you can call anytime to take the offline route. Apart from this, you can also ask the representative who made the purchase for you telephonically by providing your specific details. Afterwards, the insurer sends an executive to make the purchase.
3- Automated servicing: Remember, online platform is not just limited to sales. It’s also a service channel, which can be used by existing policyholders. Like for example, you can download brochures, renew your old policies, get quick premium quotes, pay online premiums, make online insurance claims and track your insurance investments. The difference of online mode from offline mode is that you don’t have to depend on anyone. Besides, the processes are hassle-free and you can complete your transaction in a short period of time.
Besides, if you want to buy/renew insurance policies online, go for ICICI Lombard; here you can get to avail several benefits of insurance policies, including travel, health, life, motor, etc.