It is amazing how far along we have come to rely on the internet! India has witnessed some very radical changes in the past decade, where the digital world has just taken every sector by storm. Be it shopping, education, business, or administration, everything has become more accessible and available because of the internet.

Over the years, Indians have become widely accepting of term Insurance policies- more and more people have begun realising the importance of term Insurance. It is a significant step in safeguarding your family's finances and goes a long way in providing a safety net for families. But getting an insurance has always been thought of as a very daunting and complicated process. Meeting with agents, reading the brochures, making phone calls for the smallest things, and the over the counter premium payment in long queues. But what if all these steps were simply removed from the process of buying an Insurance? Yes- you heard it right- now term insurance in India can be bought online over the internet with just a simple tap of a button!

 We bet buying term insurance has never been any easier than this. No one had quite fathomed the kind of change it would bring – but it has happened, and it's a very welcomed change. Living amidst a global pandemic has made us realise the importance of time, the convenience and safety of our homes, as well as the importance of social distancing unless absolutely necessary. Then, when you can depend on the internet for something as important as buying term insurance- it certainly has solved one of many of life's problems- however small or big it may be. Many of us who have gotten insurance the old fashioned way has certainly considered just stopping it simply because the act of paying your premium in person is too daunting and too time-consuming! Imagine standing in a slowly moving line for hours every month! But with online term insurance – you do not have to do that anymore. In India, buying term insurance has changed with time, and we are here for it.

Why should you get online term insurance in India?

Below are six reasons as to why you should consider getting term insurance in India over the internet-

• Online term insurance has relatively lower premium rates than offline term insurance because many of the costs are removed as there are no agents or brokers.
• They are easier to buy; they have hassle-free service, digital and paperless transactions. There is no need for physical documentation and no meeting with insurance agents.
• You can compare and contrast several options and choose the one that is compatible with your budget. You can access all the information from the comfort of your home and make a decision based on your findings.
• It is time saving – since everything happens online, you do not have to worry about meeting agents or paying the premium in person. In India with a population in Crores, queueing up for anything is a hassle, especially if you are pressed for time – by doing everything online- you save up a lot of time and energy.
• You will have an easy time tracking your details, keeping everything in order and making sure that your transactions are up to date.
• With multiple payment options, you do not have to worry about any delays in paying premiums or getting fined for it. You can use bank transfers, UPI payments or virtual wallets to pay your premium. Everything in one place – available at the click of a button!

The option of getting online term insurance has just made our lives so much more convenient. You can get on a smartphone or a computer, browse through a wide range of options and just select your preferred option. It is as easy as shopping for your daily essentials! Now in India, buying term insurance and safeguarding your family's future – is just a tap away.