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

Get a car insurance to protect your asset
Published by Robert King on January 20th 2012 | Finance
Car insurance is an instrument which covers for all the unforeseen dangers associated with a car. Ca...
 
Some ways to find cheap car insurance
Published by Robmichae on March 16th 2012 | Insurance
As you probably know, auto insurance is very mandatory, but costly part of having and driving a car....
 
The cost of vehicle insurance goes up now
Published by Jeniffer Thomus on January 24th 2012 | Insurance
DOUBLE A has said that the cost of insurance premium has gone up this year by 5 per cent. New applic...
 
Alfa Romeo Spider car insurance is not difficult for you
Published by Kaisar on January 2nd 2012 | Insurance
This is not matter which car you are using but if you are the owner for the Brera car so it is vital...
 
My cheap car insurance can save you more money
Published by Harrisonford on March 29th 2012 | Insurance
These days, people are looking for ways to save some amount wherever possible....
 
How do they figure out my cheap car insurance rates
Published by Harrisonford on March 29th 2012 | Insurance
An individual must be thinking before purchasing car insurance that how insurance companies calculat...
 
Manage your business effortlessly with commercial insurance
Published by Andrew Edwards on February 16th 2012 | Insurance
If you are running a business either it is large or small, then you will understand the importance...
 
Breaking false beliefs to help you pick correct income protection insurance policy
Published by Jenymorison on December 10th 2011 | Insurance
You would have often come across various myths about income protection insurance or in general any i...
 
Cheaper van insurance – ways to find the best deal
Published by Robmarshall on March 28th 2012 | Insurance
Whether you have a larger vehicle or a smaller vehicle, you will definitely have to buy an insurance...
 
Tips to find cheaper van insurance
Published by Robmarshall on March 28th 2012 | Insurance
Running a business is no laughing matter. It can be quite difficult and probably a business owner is...
 
How to Pay for Long-term Care
Published by Adivol on March 20th 2012 | Insurance
Long-term care is provided in a variety of settings – for people of any age. Depending on your nee...
 
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...
 
Don’t dare drive in Massachusetts without auto insurance
Published by Autoinsurances on January 14th 2012 | Insurance
It’s important to acquire auto insurance Massachusetts if you are intending to drive your automobi...
 
Take backpacker insurance seriously while planning to travel overseas
Published by Herry Smith on January 23rd 2012 | Insurance
Backpacker travel insurance provides you the security level so that you can enjoy your holidays with...
 
My cheap car insurance- your ticket to a perfect insurance policy
Published by Harrisonford on April 12th 2012 | Insurance
Companies offering cheap car insurance policies have become very important. Unemployed people or peo...
 
Understanding public liability insurance
Published by Lauraallen on April 14th 2012 | Insurance
If you are running any kind of business, then you must take into account public liability insurance....
 
Learn to find cheaper van insurance
Published by Robmarshall on March 28th 2012 | Insurance
Purchasing cheaper van insurance is not a very difficult task if an individual knows how to go about...
 
Getting a cheap van insurance
Published by Robmarshall on March 1st 2012 | Insurance
Previously vans were only used for commercial purpose i.e. for hauling people and goods from one pla...
 
Online health insurance quotes
Published by Lessardcasey on February 11th 2012 | Insurance
Comparing health insurance quotes to find the best deal for you can be done through HealthInsuranceQ...
 
A preliminary understanding Connected with Car insurance policy Benefits
Published by Shyam Singh on February 23rd 2012 | Insurance
A lot more gas mileage people get, the greater these premiums on the insurance policy will likely be...