Should you buy an insurance cover online?

From offering online payment channels to selling their wares in the virtual space, insurance companies are increasingly getting hooked to the net.

Till some time ago, only a few insurers like Aegon Religare Life Insurance, HDFC Life and Bajaj Allianz Life were selling online policies. Now several companies are trying to play catch-up as they rush to board the online platform. The latest entrants include ICICI Prudential, MetLife , Kotak Life and Future Generali which have launched term plans that can be purchased only online.

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