Prices Increasing soon Prices Increasing Soon

Advantages of Buying Insurance Online

Life insurance penetration in India is low as many individuals still consider buying life insurance an unnecessary investment. Nevertheless, with life's inherent unpredictability, readiness for unforeseen circumstances can be the right protection against them. A life insurance policy provides the dual benefits of savings and financial security for your loved ones in case of an unfortunate event. It is important to understand the advantages of life insurance and why you should buy this plan online: 

Read more
Gets ₹1 Cr. Life Cover at just
COVID-19 Covered
The Policybazaar Advantage
Dedicated claim support for family FREE
Upto 10% discount for buying online
Only certified experts will call you on 100% recorded lines
We are rated~
6.7 Crore
Registered Consumers
Insurance Partners
3.4 Crore
Policies Sold

#All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply

By clicking on "View plans" you agree to our Privacy Policy and Terms of use

~Source - Google Review Rating available on:-

Life is Unpredictable! Protect your family’s future
Get ₹1 Crore Life cover starting from ₹384/month+
We don’t spam
Check Your Premium Now
Please wait. We Are Processing..
Get Updates on WhatsApp
The Policybazaar Advantage
Policybazaar Advantage Icon
Dedicated claim support for family FREE
Policybazaar team will help and support you at the time of claim. A personal claim handler from our team of experts will get in touch with you when your nominee applies for a claim on our website.
Policybazaar Advantage Icon
100% calls recorded to ensure no mis-selling
We will make sure you get what is promised by the advisors. We conduct regular monitoring of our calls to make sure you get the best experience.
Policybazaar Advantage Icon
Exclusive lifetime discount upto 5% for buying online
The discounts will be valid for the entire policy payment term and is not available if you choose to buy the insurance through offline agents.
Policybazaar Advantage Icon
Advisors available in your city
Our advisors are available in more than 55 cities across India and can help you at your doorstep in understanding the plans and in documentation.
Policybazaar Advantage Icon
Refund at the click of a button
In case you aren’t happy with your purchase, you can cancel your policy hassle-free at the click of a button. We will help you with the cancellation and refund of your policy.

Buy Life Insurance Online in 1 minute. 

You can buy life insurance online easily with a couple of clicks. Also, online life insurance is more cost-effective than offline life insurance because there are no agents or intermediaries involved in the buying process. While both offline and online platforms offer the same insurance plans, there are several benefits of buying a life insurance plan online. There are a number of advantages of life insurance if you are buying it online: 

one crore term plan

Term Plans


Life Cover

@ Starting from ₹ 16/day+


Life Cover

@ Starting from ₹ 8/day+


Life Cover

@ Starting from ₹ 12/day+

Top 5 Advantages of Life Insurance Online 

  1. Informed decision-making 

    Purchasing insurance online is convenient, allowing you to research and compare various plans to find the one that suits your needs. You can explore plan details, premiums, benefits, and customer reviews, as well as check the claim settlement ratio (CSR) of life insurance companies on their website. Policybazaar provides a single platform for multiple insurance options from different insurers. This option is not available in the case of offline modes. 

  2. Lower Premiums 

    Online life insurance plans are less expensive than offline due to reduced paperwork and streamlined online processing. Additionally, if you buy life insurance early, you are likely to pay even lower premium rates, resulting in your health and lower risk of mortality. Moreover, buying a regular income plan at a young age helps accrue a large corpus for the future, leading to compounded returns over the long term. wealth accumulation over time, 

  3. 24X7 customer care support 

    Insurers online offer effective customer services as the online mode is their exclusive medium for sales and support and one of the important advantages of life insurance. Also, the websites of these insurance companies are user-friendly and designed to cater to every need. You can easily check a wide range of insurance plans offered by insurers to access policy details, calculate premiums, download documents, receive quick insurance quotes, facilitate seamless policy renewals, make secure premium payments, monitor your returns, and initiate claims, all with ease and confidence.

  4. Higher flexibility and lower risk

    Online insurance policies provide enhanced flexibility to align with your financial requirements, offering comprehensive information on their company websites for your convenience. 

    Online life insurance policies, including regular income insurance plans, offer higher flexibility by combining insurance coverage and savings. These plans help to financially safeguard your loved ones in case of your death during the policy term. These plans offer term insurance riders to increase your insurance coverage. 

    A savings plan helps in achieving long-term financial goals. You can utilise the regular income plan to cover car EMIs and home loans or establish a steady income stream for retirement, with the option to choose your income period. Online plans offer enhanced security compared to offline options as they establish direct communication with the insurance company, reducing the risk of misunderstandings in terms and conditions.

one crore term plan

Secure Your Family Future Today


Term Plan Starting @ ₹449/month+

Get an online discount of upto 10%+

Compare 40+ plans from 15 Insurers

+Standard T&C Applied

Wrapping It Up!

In addition to the above-mentioned factors, the ubiquity of digital technology and internet access in the country has amplified the trend of buying life insurance online. Make a savvy choice by harnessing the digital realm to explore the manifold advantages of life insurance policies that cater to your specific needs.

Premium By Age

Life insurance articles

  • Recent Article
  • Popular Articles
24 Apr 2024

Most Common Life Insurance Frauds in India

Life insurance fraud is a financial crime that can be committed

Read more
09 Aug 2023

What High Net Worth Individuals (HNIs) Do To...

High net worth individuals often opt for life insurance plans to

Read more
28 Jun 2023

A Review Of ICICI Prudential Life Insurance

“Policy Bazaar insurance clarified the term policy for me, so

Read more
27 Jun 2023

A Review Of HDFC Life Insurance

“I recently bought an HDFC term plan and it is the best

Read more
20 Jun 2023

Best Life Insurance Policy in India with High...

The best life insurance policy in India is a type of life

Read more
15 Dec 2021

Life Insurance for Parents in India

With the increase in the average life expectancy rate, the older population in India is on the rise. Most of the

Read more
08 Jun 2022

Life Insurance for NRI

Going beyond geographical boundaries to study or pursue a career abroad is a common aspiration for many

Read more
14 Apr 2014

Life Insurance Quotes

Life insurance quotes are the approximate premium rates for the specific life insurance policy. It helps you

Read more
26 Dec 2022

Canara Guaranteed Fortune Plan

Canara HSBC life insurance company introduces a guaranteed fortune plan that provides assured benefits to life

Read more
27 Jun 2023

A Review Of HDFC Life Insurance

“I recently bought an HDFC term plan and it is the best decision I have ever made. I feel so good knowing that

Read more
Need Help? Request Callback
View Plans
Download the Policybazaar app
to manage all your insurance needs.