5 Easy Ways to Make Insurance Online

There was a time people would go to the National Insurance Company and discuss about their insurance needs with the agents. Those long queues and crowed offices were commonplace then.

But do you think the youth today is ready to take up all that heat? Are they willing to compromise their time? No. All they want today is an easy access to all their needs, and internet has solved their problem to a great extent.

Today, everything starting from buying groceries to buying insurance online is digitally driven. You need not step out of your office or home and just log in to internet to get your job done at the click of a button.

Today, given to the internet’s growing popularity, our very own insurance companies like National Insurance Company along with all the new ones in the market have taken the digital route and are providing online services.

Let’s Look at the Advantages of Buying Insurance Online:

1. Time SavingNobody wants to spend their entire day standing in the insurance office just to renew their policy or for that matter get a new one. With all the insurance companies going online, people are opting to choose insurance online as compared to traditional offline methods. The time saved there can be utilised to spend with your kids, friends and family.
2. Automated ServicesThe services are not only limited to sale but also offers all the post sales benefits. You get the policy document at an instant and also get notified on the due dates, premium calculations etc.
3. Dedicated Customer ServicesOnline policy holders get a customer support available for all their needs. In case you have lost your policy document you just need to call the toll-free number and inform them about it and you have the document in your mail box again. Same is the case with road side assistance in motor car insurance. You just need to give a call to the back-end team of the insurance company in case of any assistance required and you will have their services at your desired location.
4. ComparisonYou have a world full of options in front of you and you can make your own calculated decision. You need not be dependent upon somebody and can choose from the wide range of options available online suiting to your needs.
5. Discounted DealsMost of the insurance companies today are offering additional discounts on the premiums for the same policy you buy offline. They are extending the benefit earned by the reduction in infrastructure cost due to the automated solutions to the consumers in forms of discounts.

How to Buy Insurance Online?

Usually the online process for all the insurance companies is the same and there are very minute differences. Even if you have any challenges in navigating through the site, the customer service team is available to assist you. Below mentioned are the general steps for buying insurance online:

1. Log into the insurance company website, and chose the insurance you are looking for.
2. Input all the data regarding the policy plan, policy and premium term, like monthly, annually or quarterly. Based on the information entered, you will get the premium amount. Verify all the information, and make the necessary changes/correction, if any.
3. After this you will be navigated to the payments gateway, you can choose the payment options based on your convenience.
4. Upon successful transaction, you will get the acknowledgement receipt, which you can again save in your computer. This will save your trip to the printer.
5. Post validation by the company you will receive your policy documents over mail and also by post.

Buying insurance online has become so easy that people prefer to take the digital route as compared to the offline one.

Now that we are aware of all the benefits involved in buying insurance online, we should not neglect about the anomalies involved with it:

1. Online insurance plans are usually pre- defined and cannot be customised to a great extent.
2. The premiums are calculated based on your inputs and there is nothing much that can be negotiated. Though you do get an additional discount.
3. Additional policy riders are usually not available for the online versions. However they are available for the offline ones.
4. The policy is based on the information provided by you and the complete responsibility for the accuracy lies on you.
5. There are many paid reviews available online in order to lure the customers. Beware of them.
6. As in cases of any online transaction, it is always a good decision to verify the payment gateway to avoid any foul play with insurance transactions online. Always keep a copy of the transaction to prove authenticity later, if required.

With the ease online insurance buying has to offer, it is hard to ignore its benefits. But always be cautious while buying insurance online as the complete onus lies on you.