No matter the scope of convenience it brings to you,
dealings done online and safely for that matter is
something for you to keep a watch on.
Most of the major insurance companies – both banking
and non-banking financial institutions – offer convenient
At the click of a mouse, you avail your application form,
submit it and make transactions and more.
How safe is online insurance?
Online insurance not only helps you save your money and
time but also patience.
But how much to trust when it comes to the internet which
is so full of sites offering scores of services and luring you
with offers and claims?
Online insurance is often more desirable thanks to several
benefits that the offline counterpart may not offer.
BENEFITS OF ONLINE INSURANCE:
Assuming you wish to go ahead and purchase online life
insurance, these are some things that will help you
through the process in a safe way. Find these tips to your
Some basic tips to ensure security while
you purchase your online life insurance
Know everything about the policy you are going to purchase.
Make yourself familiar to the terms and conditions that are
applicable to you.
Keep yourself updated in any changes that are upgraded/ made
in your policy.
Any piece of information that doesn’t ring a bell must be
cleared with the professionals responsible.
Ensure no clause goes unnoticed or not understood by you.
Prefer insurance policies from companies that are well-known
and have been in the market for a good amount of time.
Find out more about the company from colleagues or advisors.
This should wipe out the scope of fraudulent companies.
Try and get insurance quotes from several companies. There
are online websites where you can compare the best policies
among the best insurance companies.
You can also reach for professional guidance dispensed online.
APPROACH A COMPANY YOU TRUST
For every important process, ensure you are using the real
website of the company.
You can check the websites security certificate (SSL) to verify
the legitimacy of the site.
This is more important because you shall be using online
portal to make transactions.
Keep a proof of the transactions in the form of screenshot or
receipt if offered.
Keep away from sites making unreasonable claims and offers.
When you fill out the application form or any other, make
sure you do it yourself.
This will allow you to understand how much information
you have given out.
No proper insurance company would ask for confidential
information related to your bank accounts, properties, or
KEEP PROOFS AND RECEIPTS
More important than anything is to stay alert. Using
common sense should help you and if you find anything
amiss or wrong, make sure you get in touch with the
company officials without delay.