LIC to Sell Policies Online

LIC to Sell Policies OnlineWith internet, everything becomes easy whether to talk about personal gains or professional gains. Having a website or information about company on the internet is quite essential for the company head, as it not only increases revenues but also makes the product and company acknowledged by the consumers.

Recent one, which recognized the worth of internet, is Life Insurance Corporation (LIC) which announced that it would sell its policies on the net for the first time. It is not that those who do not have access to internet won’t be able to buy the policies as LIC’s Marketing Head said was of the view that they would design the policy in such a way that it could be sold via net as well by their LIC agents as well.

Another benefit would be that initial charges would be less if a person buys policy through internet. The scheme is to make their customers acquainted with their website.

For now, LIC is considered to be the most expensive among the lot and could be proved with a simple example that a 30 year person pays an annual premium of Rs 7300 for his 25 lakhs policy under Amulya Jeevan Policy.