*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
Price plays an important role in buying what you need – but how about quality? Value adds, such as durability and transparent clauses come at a price that’s worth it. It is important to consider all these factors before you buy an insurance policy. So get rid of comparing just premiumsfor buying your next policy. Cheaper premiums are only a tip of the iceberg. There is more to an insurance policy that lies within and you will only know about it if you truly intend to. Don’t forget to ask right questions to your insurance agent if they are selling you a policy based on cheaper premium than their rivals.Listen to them carefully and if they are only talking about premiums and nothing else, bewatchful.
Don’t rely on cheaper premium amounts flashing out loud. Offering low premium is the easiest way to lure the customer. Or rather we should say, ‘uninformed customer’. Unlike anything else in the world that has two sides – every insurance policy has three sides – the good, the bad and the premium.
Buying an insurance policy is a long term experience. What if your cheaper-premium insurance policy makes you stand ineligible to reclaim your losses in entirety? Unfortunately, there is no comeback from there.
So start like this.
Then there are high chances your insurance policy will be of better use this time.