Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Buying term insurance online - a way to save premiums

By Chris Luke Subscribe to RSS | April 26th 2012 | Views:
loading
 
  



Linked with different term periods ranging from 10 years to 35 years, term insurance is the most frequently bought insurance product in India. As the term period is flexible to suit the buyer’s need to save on premiums, it is a popular investment. Term insurance policies come with the lowest possible premiums, just what the doctor ordered for people looking to get an inexpensive cover. The low premiums act like a protective shield for the buyers against unforeseen and unfortunate circumstances. In case the policy holder passes away, the beneficiary receives the sum assured. The term insurance, a sophisticated, efficient and flexible insurance policy, is accessible online through the insurance companies’ websites.

Buying a term plan has never been so easy ever before. Considering the growing needs of securing one’s life against uncertainties, more and more policies are being introduced by insurance companies. Term policies are very easy to purchase online as you receive 24/7 assistance from the agents. As insurance premium is the major factor that buyers consider before investing in policies, a comparison would let you make the right choice. Low premiums are the major reason for which most Indians opt for a term insurance policy.

As per experts, the Indian insurance segment did big business last year, thanks to the term plans contributing a large chunk of policies sold. Furthermore, term policies sold through websites went up last year and the number is expected to rise in the coming years. This is because of simple to use online platforms, where buying a term plan is hassle-free. Apart from saving time, money and effort, the insurance buyers can avail many benefits while buying an online term plan.

Some of the merits of online term plan

• Firstly you are able to save a lot on premiums when you decide to buy an insurance policy online.

• It is further possible to compare all available term plans and buy the finest one.

• With online premium calculators, the buyers can accurately find out how much they will have to pay for the insurance on the basis of the term. The premiums would differ on the basis of different tenures. Shorter tenure plans will cost more than longer term plans.

• Locating cheapest premiums on flexible term plans is possible when you consult an insurance agent online.

• With quotes and tools like calculators, you can end up at accurate calculations and comparisons.

• Right from the first step of paying the cost of policy to paying the premiums, every procedure is simplified on the online portals.

• On today’s safe and secured insurance platforms, it is even possible to submit all required documents and get them approved to avail the policy.

When you want to save money on insurance premiums and avail discounts on a term plan, buying them online is an ideal choice.

Chris Luke - About Author:
Chris feels that term insurance plans are great source for minimizing your charges and maximizing your returns for affordable premium rates. Chris highly recommends AEGON Religare Life Insurance for great customer support service. For more information about them, visit website buyonline.aegonreligare.com.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/insurance-articles/buying-term-insurance-online-a-way-to-save-premiums.htm

Related Insurance Articles Subscribe to RSS

Commercial insurance: Perfect Plan designed for small businesses
Published by Andrew Edwards on April 2nd 2012 | Insurance
Consider the plan next time while starting a small business and don’t have sound knowledge of the ...
 
Hold unexpected situations with ease, obtain business interruption insurance
Published by Andrew Edwards on February 20th 2012 | Insurance
Fix your business issues quite generously as it is quite important to keep a hold on unexpected situ...
 
Tips to find cheap classic car insurance
Published by Anneshirley on March 20th 2012 | Insurance
Classic car insurance coverage is different from the regular type of insurance coverage. The definit...
 
How to get low cost auto insurance Connecticut?
Published by Auto Insurances on January 16th 2012 | Finance
Who doesn’t want to save money in such high period of inflation? Of course everyone does. But, whe...
 
Impact of ignorance of employers’ liability insurance
Published by Andrew Edwards on March 17th 2012 | Insurance
There can be a huge impact faced by business owners after neglecting employer’s liability insuranc...
 
Valuable information about car insurance coverage to save your cars from unwanted loss
Published by Jameshaven on March 5th 2012 | Insurance
Car insurance is something you have to have. It is something mandatory as per law. Even if we omit l...
 
Secure your rights with public liability insurance
Published by Lauraallen on April 4th 2012 | Insurance
It has been notice in past few years that people are highly demanding for the insurance of their bus...
 
Best Affordable medical insurance
Published by Lessardcasey on February 11th 2012 | Insurance
Shopping for affordable medical insurance is usually not something the average person has to do, giv...
 
Cheaper van insurance – a few ways to find the best possible deal
Published by Robmarshall on April 16th 2012 | Insurance
If you are seeking cheaper van insurance, then you are not the only person who is searching. There a...
 
You can get car insurance in Missouri easily
Published by Insurance Inde on January 14th 2012 | Insurance
Missouri drivers are some of the most disciplined in the United States. They highly regard personal...
 
A Different type of life insurance
Published by Jack Travis on December 9th 2011 | Insurance
Disadvantage of this type of life insurance is that it will be automatically terminated once the per...
 
What signifies Commercial general liability insurance?
Published by Andrew Edwards on January 4th 2012 | Insurance
It is the major concern to go with the plans to get desirable protection against the frequently face...
 
Best and Low cost medical insurance
Published by Lessardcasey on February 11th 2012 | Insurance
With swirling controversy over the availability of health insurance for all citizens of the United S...
 
How commercial insurance smooth the progress of home based business
Published by Andrew Edwards on December 6th 2011 | Insurance
Test your business skills first before starting a home based business...
 
Tips to use Car insurance comparison website
Published by Jameshaven on March 16th 2012 | Insurance
Who does not want to save money? Car insurance is something that every owner of the car needs but so...
 
Effects of higher business insurance rates on financial system
Published by Andrew Edwards on February 2nd 2012 | Insurance
We all necessarily buy business insurance plan for the company...
 
Vermont car insurance
Published by Usautoinsurances on January 17th 2012 | Insurance
You have to carry your Vermont auto insurance all the time you are driving on the Vermont roads. It ...
 
Get your health cover from Georgia health insurance plan
Published by Ricky Martin on June 20th 2012 | Insurance
People can cover their health related issues from Georgia health insurance plan, and can enjoy your ...
 
Buying child insurance not an impulse decision
Published by Soloman on November 28th 2011 | Insurance
There is a bewildering range of choices available today in the child insurance plan market. There ar...
 
Safeguard your organization by commercial liability insurance
Published by Andrew Edwards on May 17th 2012 | Insurance
There are few insurance plans protecting organizations from facing the issues which can harm on fina...