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Evolution of Insurance Facilities

In the recent years the facilities in insurance sector has evolved to a great extent. These changes are the result of advancement in internet technologies. So let us see what changes have occurred in the insurance facilities.

AjeetRai
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Evolution of Insurance Facilities

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  1. EVOLUTION OF INSURANCE FACILITIES

  2. INTRODUTION With the advancement in internet technologies even the banking sector has evolved over the past few years. Earlier the options were very limited when it comes to withdrawal or deposit of money, But now there are many ways of making payment which have definitely made our life hassle-free. Read more in next slides about those various payment options available to buyers for payment of their premium for insurance.

  3. Types Of Payment Options • Pay Online: Pay Premium online now! Pay on-line from your Bank website- NEFT/RTGS • Pay By Phone: IVR (Interactive Voice Response) • Pay By Auto-Debit Credit Card standing instruction NACH/ECS/Direct Mandate Instruction Form Direct Debit Facility EBPP/(Electronic Bill Payment Process)

  4. Pay At A Dropbox Or Branch • Pay By cheque • Our branch offices • Any Bank Branch • Any Bank ATMs • Your Bank’s Branch • Sky Pak Drop-box Cheque Pick Up Request for Renewal Cheque pick up

  5. ADVANTAGES • Saves time The most valuable thing in life is time and with the options of paying your premiums online, people can save a lot of time. • Hassle-free There is no need to stand in a que to pay your premium, one just need an internet connection and pay your premiums with few clicks.

  6. SUMMRY These evolutions have made our life easier in many ways. So one must take the utmost advantage of these new technologies which has now been introduced in various banks & insurance companies. Some of the popular firms which offer these facilities are HDFC, Maxlife, LIC, etc. One can always reach out to them for insurance and can know about various policies and paying options available.

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