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

Basic need of business insurance rates for comparison
Published by Andrew Edwards on January 11th 2012 | Insurance
If you are planning to buy insurance for business, then at first look at the different business insu...
 
Obtain the exact type of coverage through business insurance plan
Published by Andrew Edwards on April 14th 2012 | Insurance
As a business owner it is your responsibility to look into the plans suitable for your company...
 
Points to facilitate product liability insurance as your uphold plan
Published by Andrew Edwards on April 7th 2012 | Insurance
Defects in products are quite common these days just because manufacturers fail to perform...
 
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...
 
All about child insurance in India
Published by Puneet on February 6th 2012 | Insurance
A child plan is all about working out strategies that will ensure your children have a secure future...
 
Business insurance rates: determining factor while establishment as trading agency
Published by Andrew Edwards on May 15th 2012 | Insurance
There is vast variety of concepts applied while looking to establish trade business...
 
Payday Loans are ideal for short term borrowing
Published by James Blee on June 18th 2012 | Finance
Payday loans application process tends to be short simple and quick to complete, especially online l...
 
Tips to find the best car insurance comparison sites
Published by Geenadavis on February 25th 2012 | Insurance
Shopping around for the cheap auto insurance online can be a challenging task if you do not know how...
 
Importance of one’s own vehicles insurance
Published by Shyam Singh on March 2nd 2012 | Insurance
Suit one’s own insurance policy with each of your must have: Ones own vehicles insurance must have...
 
Financial barriers in front although product liability insurance is outstanding
Published by Andrew Edwards on March 21st 2012 | Insurance
It is quite a possible obsession to happen with the manufacturers to face a situation they never exp...
 
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...
 
 
Cherishment for businesses, searching for commercial insurance
Published by Andrew Edwards on May 7th 2012 | Insurance
While hoping for successful running business, you have to plan everything according to market needs...
 
Get cheap car insurance in Montana
Published by Autoinsurances on January 16th 2012 | Insurance
All drivers using Montana roads have to get insurance for their vehicles. This is a requirement by t...
 
Search out commercial insurance quotes for free
Published by Andrew Edwards on December 28th 2011 | Insurance
Quotes are the detailed information packs provided by insurance companies...
 
How to find auto insurance
Published by Phil Richard on January 25th 2012 | Insurance
Whether we see it from the safety point of view or take it as a compulsion by law it’s must to get...
 
What are the advantages of buying insurance online at my cheap car insurance
Published by Harrisonford on April 12th 2012 | Insurance
Cars have become the basic necessity of most of the people. Everyone wants to have his/her own trans...
 
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...
 
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 ...
 
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...