Online Insurance ?

Online Insurance has almost revolutionized the insurance market by making the whole process of selection, comparing and buying of insurances hassle-free and fast. This has led to massive expansion of the market. Now, a customer don't have to go outside for choosing the right insurance. He could do this by surfing through the

-insurance company websites from his personal computer or
-comparing different online insurance sites meant specifically for selecting, comparing and buying insurances online

Now, the consumer could avail all the details of different insurance policies from various insurance related websites and could choose the one he considers to be the best, fitting his demands.

The consumer could do the selection, comparing and buying of online insurance by following the processes given below :-

-Searching for the requisite insurance policy on the basis of insurance type and coverage amount.
-After searching is over, the customer has a whole array of online insurance schemes in front of him with different quotes and incentives. Comparing them manually with each other is a cumbersome work for the customer. But the online insurance websites do this work of comparing on behalf of the customer. Now, he has the comparative analysis of different insurance policies in front of him in accordance to his needs and requirements.
-The customer chooses the insurance policy that meets all his requirements. He could apply or order for it either on an

(a)online basis
The customer could visit the respective insurance company website and fill up the application form for the particular policy. He could then submit the application form online.

(b) offline basis
The customer could also order for the selected insurance policy by calling the concerned insurance company over phone and applying for the same. The representative would then come down to the customer's place and do the rest for him. (EconomyWatch)

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