Not exact matches
Until recently, you could get quoted for life
insurance online but, if you want to
purchase a
policy, you had to complete forms and speak to an agent
offline.
However, the number of people
purchasing term
insurance policies online still lags behind the term
insurance policies sold /
purchased offline, the reason being the lack of awareness of the Internet and authenticity issues.
Until recently, you could get quoted for life
insurance online but, if you want to
purchase a
policy, you had to complete forms and speak to an agent
offline.
In addition to that, online term
insurance policies are also cheaper than
offline medium of
insurance purchase because while buying through online medium, you deal directly with the company without any involvement of middleman who charge commission for each
policy.
In fact, people who have recently
purchased offline term plan can use this premium calculator and compare the quote with their existing
policy and consider moving to an online term
insurance plan.
Two strong reasons for someone to go direct and
purchase term
insurance online could be: Much lower cost than its
offline version and the ease in exploring various insurers» websites for a better look at the features, price and availability of the
policies.