Insurers Shower Exciting Offers Online To Draw In Customers
BENGALURU: Internet has made the world shrink and added a plethora of products and choices to the customers. While Indians were getting attracted towards the online shopping, the trend set by top online retailers Flipkart, Myntra, Snapdeal, the insurance companies were watching closely watching the trend to launch online schemes to the customers.
To much delight of the insurance companies , many people were interested to buy the insurance services online.
The online space has proved a profitable one for the insurers as visitors, either for information or to opt a policy, are increasing day by day..
Most of the insurers are happy from the response they got from the customers for online purchase. This as increased the competition and the internet space is utilized massively by the insurance companies to introduce new schemes and provisions for the customers, especially for the online ones. As being online assists the already existing insurance schemes and programs, insurers develop new plans and launch them exclusively for their online customers.
As the last three months of the financial year began, people are heading to the banks and insurance companies for buying and selling of insurance policies. As everyone has their own set of hectic tight-schedules to follow, online availability of insurances is a boon to many; as they are spared to clear away their time-table to make slot for insurance buying.
According to Business Standard, online insurance products are being launched as they are customer-friendly and cheaper to buy. Additionally, no agents are involved; a policyholder is not required to pay extra commission from the premiums.
India’s largest insurance company, Life Insurance Corporation of India, launched its online term insurance plan in May 2014 owing to higher online insurance takers. It was a regular premium paying pure protection plan and had two categories of premium rates.
Currently apart from LIC, there are various insurance companies online and you can choose from various given options, compare and get the best insurance policies possible.
READ MORE: Sensex Closes 366 Points Up; Bank, Auto Stocks Rise
