Life Goals Loading…

    4

    Notifications4

    • Get Life Cover worth Rs.1 Crore at Rs.18 per day2 – Bajaj Allianz Life Smart Protect Goal

      PLAN NOW
    • Fulfill your Life Goals with Bajaj Allianz Life Goal Assure

      PLAN NOW
    • Life Insurance Term Plan with Return Of Premium

      WATCH NOW
    • Get your Life Goals Done with Bajaj Allianz Life Smart Assist – BINA MILEY MIL-KAR

      KNOW MORE

    Looking for a Term Plan?

    Get Exclusive Discount on online purchase^

    Have us call you

    Please enter a Name
    Please enter a Mobile No.

    ^3% Discount is available for regular premium and limited premium payment frequency under all variants of Bajaj Allianz Life Smart Protect Goal A Non Linked, Non-Participating Pure Life Term Insurance Plan.

    Please select a option
    Please select a option

    Thanks for sharing your details, A Sales representative from
    Bajaj Allianz Life will contact you shortly.

    Dear Customer, we request you to connect with us in our next business working hours, (Monday to Saturday 24*6) Thank you, Have a great day ahead

    Have Us Call You

    Get your Life Goals Done

    Have us call you

    Please enter a Name
    Please enter a Mobile No.
    Please select a option

    4 Benefits Of Online Term Plans

    Online term plan benefits

    4 Benefits Of Online Term Plans


    calender-blue

    October 25, 2019

    By : Bajaj Allianz Life

    The emergence of E-commerce has gradually decreased the painstaking process of buying an insurance policy. The availability of online term plans has lessened the formalities. The prime aim of an online term policy is the convenience and affordability of the consumers. With online term plans, an individual can access his policy from any corner of the world at a single click.

    Before opting for online term plans, knowing the online process is necessary. The working of an online term policy is simple. All a policyholder must do is follow the right steps at the time of purchase. Hence, take a look at the steps mentioned below:

    The process of buying an online term policy:

    Step 1: Log in to the online portal

    Create an online account or sign up on the website of the insurance company to start the process. In case you already have an account, log-in to the online portal of the respective insurance company you are planning to purchase the policy from.

    Step 2: Submit the details & documents

    After the log-in, enter all the personal information asked by the insurance company. You must fill in the necessary data like your date of birth, smoking habits, contact information, and so on.

    Step 3: Choose the right variant

    Ideally, this step depends from company to company. If your insurance provider offers different variants of the same product, choose the variant as per your needs. Understand the benefits of each of the option and opt for it, accordingly.

    Step 4: Pay the premium

    Once you’ve submitted all the relevant details, proceed to premium payment. You can select from the various mode of payments like net banking, credit card, debit card, etc. After the transaction has taken place successfully, you’ll receive a confirmation on your given email address.

    Online term policy is usually cheaper than an offline term plan. Online plans are versatile as well as time-saving. Opting for an online term plan helps you in making the most out of your hard-earned savings. Therefore, go through the benefits of online term plans mentioned below for a hassle-free experience:

    Benefits of online term plans:

    1. Affordability

    The key benefit of an online term policy is its affordability. When you buy a term plan online, the premium rate is lower. Additionally, due to the savings on distribution cost, documentation, logistics, and stationery, the price of the online term policy is typically lower than that of offline term plans.

    2. Security

    Gone are the days when investors feared online payments. Due to the tight security of the payment mechanism, online payments are safer. Since it is processed through payment gateway, you don’t have to worry about fraudulent transactions.

    3. Flexibility

    Since all the reputable companies offer term policies online, a customer has direct access to the online portal of that company. Moreover, online websites allow the buyer to compare different features, benefits, and premiums of a policy. When a policyholder opts for an online purchase, he has the liberty to compare plans and make the final selection depending on his requirements.

    4. Immediacy

    Unlike offline term plans, an investor doesn’t have to chase the insurance agents to get his policy started. Under an online term policy, a policyholder must only follow the above steps and make the online payments accurately. Online term plans guarantee a quick and hassle-free purchase of a term plan.

    To sum up, an online purchase of a term policy is quick, easy, and convenient. Due to its benefits, online term plans have instantly become a hit amongst all its tech-savvy customers. With online services, our lives have gotten better and more comfortable for accomplishing life goals.

    Bajaj Allianz Life Videos

    Video Icon

    Smart Protect Goal | Pay For 5 Years, Get Term Insurance Coverage For Life | Bajaj Allianz Life

    Video Icon

    Happy Independence Day 2020 | #IndiaSolveKarteJaa | Bajaj Allianz Life

    Video Icon

    Flexi Income Goal – Variants, Features, Benefits Explained

    Video Icon

    Why Choose Bajaj Allianz Life To Help Get Your #LifeGoalsDone?

    Video Icon

    #DostiWithDad - Happy Father's Day | Bajaj Allianz Life | Life Goals Done

    Video Icon

    Covid-19 Survivor Story | Bajaj Allianz Life Smart Protect Goal | Bajaj Allianz Life

    Video Icon

    Lage Raho India - Keep getting your #LifeGoalsDone

    Video Icon

    Don’t Let COVID-19 Lockdown Get in The Way of Your #LifeGoals

    Video Icon

    Coronavirus (COVID-19) Advisory Video #DooriHaiZaroori

    Video Icon

    Coronavirus COVID-19 impact on markets - CIO Commentary | #KeepCalmStayInvested

    Video Icon

    Bajaj Allianz Life Leadership Team | #PlankForIndia

    Our MD & CEO, Tarun Chugh launches #PlankForIndia campaign and planks with Sanjiv Bajaj MD & CEO, Bajaj Finserv and Chairman Bajaj Allianz Life & the rest of the group leadership team.

    Video Icon

    #PlankForIndia | Bajaj Allianz Life

    Bajaj Allianz Life will contribute to the training and development of India's future sports stars. Come together to Plank for Good Health, PlankforIndia.

    Video Icon

    #PehlaDinPehlaResolution

    #PehlaDinPehlaResolution | Happy New Year | Smart Protect Goal | Bajaj Allianz Life

    Video Icon

    Bajaj Allianz Life Goal Assure

    Bajaj Allianz Life Goal Assure - A ULIP Investment Plan To Achieve Life Goals

    Video Icon

    Valentine's Day

    Valentine's Day

    Video Icon

    Bajaj Allianz Health Care Goal

    A Comprehensive Health Insurance Plan with Critical Illness Cover | Bajaj Allianz Life Health Care Goal

    Video Icon

    #36SecPlankChallenge video

    Promote Healthy Living for a Better Tomorrow with our #36SecPlankChallenge

    Contact Us

    Bajaj Allianz Life Insurance Company Ltd.

    Bajaj Allianz House, Airport Road, Yerawada, Pune - 411 006, Maharashtra

    Tel No: 020-66026773

    Fax No: 020-66026789

    Branch Visit Timings:

    Weekdays - 9:00 AM to 3:30 PM

    Customer Care Helpline:

    1800-209-7272

    Monday to Saturday: 9:00 AM to 7:00 PM (IST)

    For NRI: +91 20 67871700 (Call charges apply)

    Monday to Saturday 9.00 AM to 7.00 PM (IST)

    Sales Enquiry Helpline:

    1800-209-4040

    Monday to Saturday: 9:00 AM to 7:00 PM (IST)

    For NRI: +91 20 67688888 (Call charges apply)

    Monday to Saturday: 9:00 AM to 7:00 PM (IST)