Compare and Buy Insurance Online

There is a growing trend among the younger people of shopping online. It is gaining popularity because of the ease and convenience it offers. But it is not that only items of everyday use can be purchased online. The financial industry has also embraced technology like anything.

These days, it is possible to buy insurance at the click of a button. Even though most people still prefer to purchase their policies through agents, a lot of people are comfortable transacting online

The bureaucracy of insurance companies, coupled with the threat of insurance fraud while bearing the loss of a loved one, makes the process of making an insurance claim a painstaking experience. The Insurance Regulatory and Development Authority (IRDA) provides guidelines for settling insurance claims.

These guidelines provide that, insurance companies are obligated to settle claims within 30 days of receipt of all claimant documents. Insurance companies, on the other hand

Health insurance is a type of insurance that covers the cost of your health related operative costs like medical expense or surgical expenses.

To avail this insurance, you pay a premium to the Insurance Company that pays the healthcare service provider in the event of a claim. There are primarily two modes of payment

You pay the costs out of your pocket to the provider, and are then reimbursed by insurance company