Is Online Health Plans Wiser Choice to Save Money?

By SiliconIndia   |   Thursday, July 31, 2014   |    2 Comments
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BANGALORE: With technology taking over all spheres of life, internet has become a powerful tool. Majority of people are comfortable doing minor to major activities on line including money transactions, and shopping with internet grasping all sectors, Insurance industry is largely becoming a part of the online fantasy too.

After online term plans of life insurance policies gained popularity, now it’s the health sector trying to make online space.

With less time in every body’s life schedule, many customers are turning towards internet to buy medical policy, which does not involve any agent. Recently Life Insurance Corporation of India, largest policy provider in the country made its presence felt online.

Compared to offline plans, which are sold through agents and banks which are costlier, online plans have lower premia, up to 30-50 percent. It is advisable to shift to online plan only if your health is sound and stable, Reports Priya Nair on Rediff.

With much cheaper price of health policies available, people are turning towards online portal as it also provides hassle free purchase and faster application process. With more customers realizing the savings advantage with online plans, we expect more shifts,” says Rishi Piparaiya, director (marketing and direct sales), Aviva Life Insurance.

With growing popularity insurance providers are working towards making online experience of insurance purchase more comfortable and provide customer service support with   information about features and online benefits.

Buying online provides you with opportunity to see what other insurers are giving, and also the possibility to compare price and benefits with provided by other companies. Comparing always helps in getting better benefits and ensures that you get the best service available.

READ MORE: Rajya Sabha To Discuss Insurance Bill On Monday

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