Friday, September 22, 2023
HomeLife InsuranceOnline Aggregators Vs Insurance Agents – Who’s the Best?

Online Aggregators Vs Insurance Agents – Who’s the Best?

Today people have developed extra prompt about insurance buying with steadily rising consciousness more and more persons are realizing the importance of having life insurance to secure the loved ones from any type of unforeseen or emergency situation. With the significant growth of digital sectors and online aggregators has helped buyers to opt for the online life insurance policy and has exposed them to the world of benefits that sees new buyers being added every day.

It is always wiser to go for online life insurance policy as compared to door to door policy sellers. However, if you are planning to buy a life insurance policy or term insurance policy online, here we have mentioned some of the valid reasons that why you should buy life insurance policies online.

Affordable Premiums

Online life insurance policies are cheaper as compared to the offline counterparts. As you purchase the life insurance policy directly from the insurer without any mediator, the insurance company saves money and passes on the benefits to the buyers. Thus, online life policies work out to be cheaper. Moreover, with a larger number of options of policies you check the premium of the policies and choose the plan that are more affordable and suitable according to your needs.

More Coverage in Low Cost

With the growing competition on online sites the insurance companies are bringing out plans in more customized form to meet the demand of the customer. The online life insurance policy and term insurance plans offers more life insurance coverage as compared to the policies that are bought through traditional ways. One of the factor that influence the online purchasing of policy is the lesser add-on cost. You can get many additional coverage’s in minimum premium while purchasing the policy online.

Premium Coverage

Easy Background Check

With pervasive use of use of social media and other means, it is very easy to check the history and reputation of the insurance company. You can check online the reliability and reputation of the company with an ease before buying the policy. While checking for life insurance cover online, you can read the reviews of the policyholder online and can get every detailed information about the policy plans and benefits on the company’s website. This extremely helps to take a better decision while buying a life insurance policy.

Hassle-Free Process

From the beginning till the end, the entire process of online application is hassle free. The company website offers 24X7 customer support service where you can clarify all your doubts and queries regarding the policy. The customer support center are always up to resolve all your problems and guide you through the purchasing process. Even all types of mandatory documents such as identity and address proof can be scanned a sent to the life insurance company.

Related Post: Top 10 Best Life Insurance Plans in India

Instant Policy Quotes

One of the major advantage of online policy purchasing are the online platform allows you to easily compare different life insurance policies in India. You just need to fill in details get your insurance quotes and compare premium. You can buy the best insurance policy within seconds.

Buyer’s Empowerment

Buyers can assess all the information regarding the plans, its features, term and conditions etc. on the website of the company. As more customer friendly the individuals don’t need to worry about the renewal of the policy as you get the online reminder about the renewal of the policy. Moreover, you can check the status of your application time to time by just longing in on your insurance website.

Although buying the life insurance online does have many positivity. The customer should keep one thing in mind before taking any firm decision. As there are no advisory involved the buyer should check every details about the policy and should gain deep knowledge about the plan before purchasing it.

Ajeet Sharma, the founder of Financegab and a well-known name in the field of financial blogging. Blogging since 2017, he has the expertise and excellent knowledge about personal finance. Financegab is all about personal finance which aims to create awareness among people about personal finance and help them to make smart, well-informed financial decisions.


  1. I’m having a small problem. I’m unable to subscribe to your rss feed for some reason. I’m using google reader by the way.

Comments are closed.


Most Popular