Insurance: There are many benefits to buying motor insurance online, it saves time and money.

There are many benefits to buying motor insurance online, it saves time and money.

• The cost of motor insurance purchased online is less than that of a policy purchased offline
• It is also easy to renew. You do not need to re-fill the form for it

These days it would be better to take out an online policy if you are thinking of getting an insurance policy for your car. There are many benefits to buying an online policy. It saves you money but is also easy to buy. Today we are going to tell you about the benefits of buying a policy online.

Money is saved

The cost of motor insurance purchased online is lower than that of a policy purchased offline. You do not need to pay your agent's commission margin when you buy a policy online. In addition, there are no additional costs or commissions to pay when purchasing an online policy. This also reduces the cost of the insurance policy.

Work is done in less time

Buying an insurance policy online takes less time, you can easily buy it from home. Plus, you'll be getting rid of clutter you don't need. The whole job is done easily sitting at home.

Opportunity to compare with another plan

The advantage of online motor insurance is that you can learn about other customers' experiences before taking out a policy. In addition, you can compare the features of your insurance plan with the insurance of another company. This will allow you to choose the right policy for your vehicle.

Easy renewal process

For those who have purchased a policy online, it is much easier to renew it. You do not need to re-fill the form for this, as the data is already with the company. You can only renew your policy by paying online. In addition the insurance company informs you before the end of the insurance policy so that you can renew it in time.

Less paper work

Buying an online plan does not require much paperwork compared to buying an offline policy. In addition, information is less likely to be inaccurate.

It is necessary to take car insurance

The Motor Vehicles Act 1988 requires car and two wheeler insurance. Insurance covers damage caused by an accident or natural disaster.

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Compare and buy insurance-policy market

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Looking for ways to reduce your income tax for this fiscal year? Don't know where to invest to maximize your income tax savings?

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Download the Policy Market app now for:

1. Savings up to Rs. 23,400 income tax by purchasing health insurance for you and your parents

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Introduction:

The policy market is the largest insurance comparison application in India. You can simply compare and purchase from a wide range of insurance and investment products on the PolicyBazar app. To experience all the features and purchase a product on the PolicyBazar app you need to have either:

Resident Indian;

• A non-resident Indian;
• Or a person of Indian descent

Product Provision:

With just a few clicks, the Policy Market app allows you to purchase any of the following products:

Life Insurance / Term Life Insurance / Term Insurance

• Medical insurance / health insurance
• Car insurance / motor insurance
• Two-wheeler or motorcycle insurance
• Travel insurance
• Investment Schemes - ULP, Child, Retirement, Pension and Tax Savings Schemes

Key Features:

Through the PolicyBazar application, you will get access to essential features like hospital locator and cashless garage locator. Other prominent features of the app are:

Compare: This feature helps to understand the different features of each product so that you make an informed decision before buying it. To compare, just shortlist the products that fit your budget and click Compare.

Manage: Using this you can easily buy, store and share all your products in one click

Shortlist: You can view all your shortlisted insurance products by clicking this button.

My Account: The Dedicated My Account button on the app gives you access to your policy purchase history, your search, your vehicle information, your credit, and your financial score.

Claim Assistance: Whether you want to purchase a product or need assistance with your current purchase, the Claim Assistance feature will provide you with a hassle-free customer experience.

Insta Renewal: This feature allows you to instantly renew your existing motor insurance policy with a single click.