If you consider insurance, then term insurance is the real insurance. It is the pure insurance plan where you have to pay very less premium and you get covered for a big amount. The best way to buy term plans is online. Term insurance sold online are much cheaper as compared to normal channels such as through agents as insuring companies pass-on the saved cost on distribution and are laden with good features.
Online term plans are 8% to 10% cheaper than those sold through normal channels because there is no mediator between the seller and buyer. Most of the life insurance companies have started customizing term plans particularly planned to be sold online.
These plans are more and more becoming popular as there is an increase in awareness about the requirement for life insurance. To increase online sales, insurers are giving more benefits to make their plans more appealing to customers.
I am too planning to buy a life insurance policy to protect my family. But I need to know which type of life insurance policy will fit best to my requirements. In this article you have provided an excellent overview about term life plans. Thanks for sharing , I will surely consider it.
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I am too planning to buy a life insurance policy to protect my family. But I need to know which type of life insurance policy will fit best to my requirements. In this article you have provided an excellent overview about term life plans. Thanks for sharing , I will surely consider it.
ReplyDeletecommercial insurance
Nice spam comment bro..
ReplyDeleteIt should have been cheaper by atleast 15-20%, as the commission structure is no longer required. U/ W has become more focussed on higher SA.
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There is one time cost of system implementations etc only.
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