Best Online Term Insurance Plan

The biggest draw of the online channel is the ease and cost advantage it offers to the buyer. The entire process takes only 15-20 minutes. Just key in the personal details, make the payment and your life cover begins. Of course, this is subject to your documents being in order and you being in good health.
The insurance company will collect the documents (PAN, address and identity proof, etc) from you and put you through stringent medical tests.
If an aberration emerges in the medical tests, your premium might be pumped up a bit.
Online plans are clicking with buyers also because they are 40-60% cheaper than the policies bought offline.
While buying an online term plan, you need to read the fine print carefully. Make an analysis of what is covered and what is not covered under the policy.
Read the fine print: While buying an online term plan, you need to read the fine print carefully. Make an analysis of what is covered and what is not covered under the policy.
Ensure that you read the terms & conditions of the policy thoroughly. In case of any doubt, don't hesitate to seek the help of customer care executives through online chat / 24Ã--7 toll-free calling facility.
While the online purchase process does make the entire exercise much faster, it is important that one gets acquainted with the salient features and conditions in detail. This will help your family avoid any disappointment at a later stage, especially while making a claim.
While most insurers have put in strong security systems in place, it is important to reconfirm the same before transacting online. One should ensure that the address line of the browser page reads 'https' instead of the regular 'http', since the same indicates secured connection.
Finally, ensure that all your online policy documents are safely maintained and that your nominee & family members are aware of your investments. Apart from informing family members about where the investment documents are stored, you should also inform them whom to contact and what to submit in case of any eventuality.
Finally, ensure that all your online policy documents are safely maintained and that your nominee & family members are aware of your investments. Apart from informing family members about where the investment documents are stored, you should also inform them whom to contact and what to submit in case of any eventuality.
Finally, ensure that all your online policy documents are safely maintained and that your nominee & family members are aware of your investments. Apart from informing family members about where the investment documents are stored, you should also inform them whom to contact and what to submit in case of any eventuality.