| Benefits of buying an Insurance policy online |
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| Articles |
| Written by Site Administrator |
| Wednesday, 14 October 2009 10:43 |
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Though there are several Insurance policies by Insurance Companies that costumers can buy online, there are very few takers for these policies. A recent evaluation by Bajaj Alliance has revealed that of every hundred people who visit the website to read information about the Policy only one person actually buys it Online. Bajaj Alliance is in fact the first company to have started a Unit Linked Insurance Plan purely for Online purpose making it cheaper by 5%. They say that the reason for less conversion ratio is the lack of adequate knowledge The benefit of the online platform is that the savings in the distribution costs and commission are passed on to the customers. Even when renewing a policy online about 3% of the costs, and processing charges etc can be saved by a customer. Son the next to you plan to buy a policy, try and see if an online mode is available for it. You definitely save money when you buy a policy online. Comments (0) |