Online Insurance Policy provides the information on best insurance policy offered by companies in india, all types of insurance quotes like car insurance, life insurance, home insurance, travel insurance, health insurance and corporate insurance.
2. ONLINE INSURANCE POLICY
• Online insurance refers to the buying and selling
of insurance online. Insurance is subject to the principle
of utmost good faith, which makes it convenient for people to
conduct the business online, as both the parties have absolute
duties to disclose all material facts otherwise any contract
concluded is void.
• Conducting a complete insurance transaction can be
difficult due to the necessity of underwriting, sales, and a
whole network of employees to ensure the contract is up to
company standards. For this reason, many types of personal
insurance are now sold online, including car insurance,
travel insurance, and medical insurance.
DEFINITION
3. ADVANTAGE OF ONLINE
INSURANCE
• India has progressed immensely with time. It has been through
various phases of development. It has witnessed development in all
fields. Healthcare is one arena that has been upgraded with the
passing time. Today latest equipments have come into use, that have
given a cure for various critical health ailments. There are several
reputed hospitals that offer best health services. This has improved
the scenario in the healthcare sector.
• The updated technology has raised the bar of treatment expenditure.
It poses an affordability issue that comes as a huge peril.
• At the time of health exigency, the foremost need is proper
treatment. It is not difficult to find the best health care source but the
problem arises at the thought of treatment cost. Almost every major
illness can be cured in today’s date. The medical experts make the
best health treatment available to people.