POSTED BY November 9, 2010 8:32 am COMMENTS (7)ON
I recently checked out the site for health & car insurance, the rates are tremendously low,What one has to do is compare select & pay. Documents are sent to some chennai address. What do you guys think about it
Minimum Health insurance is
Rs 2400 from United India,Iffco Tokio General & Star Health, for 1 year & SA as Rs 200000.
Minimum Car insurance is Bajaj allainz
Model : Tata indigo CS
Premium : Rs 7400
Is it safe to use these sites & pay them. How can we verify such sites.
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7 replies on this article “How safe is it to buy insurance from sites like http://www.easyinsuranceindia.com”
I used these online site options for research and then go through the insurance company with my insurance agent
1) Personalised service from agent
2) Cross check possible with online site to confirm if agent is not misselling unwanted policies
I recently have taken Kotak Term Plan through easyinsuranceindia. After payment, they communicated to Kotak Mahindra life insurance and the kotak mahindra contacted me and collected the relevant documents within next 1 week. After medical test, the policy was issued in next 5 days. Easyinsuranceindia is I think reliable web based agent which is at Chennai. But they tried to tell me endowment plans wwith higher premium, instead of term plan as there is no survival benefit in case of term plans and agent commission is at lower side.
But easyinsuranceindia is better site as compared to policybazar, insurancemaal, beamadeals, getmeinsured etc. easyinsuranceindia gives the online comparision of premiums from different insurers wheras the others don’t give such accurate information, rather they will ask you your contact details and later call you.
Manufacturer Name : Tata Motors
Model Name : INDIGO CS GLS
Manufactured year : 2009
Current showroom price (Rs.) : 399444
Type of Ownership : individual
RTO Location : CHANDIGARH-CHANDIGARH
Purchase / Registration date : 17/12/2009
Company Name : Bajaj Allianz General
TPPD Basic Premium : 800
Insured Declared Value (IDV) : 324151
Compulsory PA Cover : 100
Own Damage Premium : 7757
Bifuel Kit Liability Premium : 0
Electrical Accessories Premium : 0
Legal liability To paid Driver : 25
Non Electrical Accessories Premium : 0
PA Cover for Unnamed Passenger : 0
Bi Fuel kit Premium : 0
Liability Total (B) : 925
Fibre Glass Tank Premium : 0
Own Damage Total (A) : 7757
Anti Theft Device Discount : 0
Automobile Association Membership Discount : 0
Voluntary Deductible Discount : 0
No Claim Bonus Discount : 1939 (25%)
Total Premium (A+B-C) : 6743
Handicapped Discount : 0
Service Tax (D) : 695
Discount Total (C) : 1939
Final Premium (A+B-C+D) :7438
One more quote fronm the same website. Age given was 24.
Company Name : Iffco Tokio General
Plan Name : Base Plan 200000
Coverage : 200000
Premium : 1989
Service Tax (10.3%) : 205
Total Premium : 2194
Policy Type : Health
Seems too good to be true!
Is there typo in your reply “however this company easyinsuranceindia is now a very famous or well known one .”, Do you want to say that this website is not very well known?
Hence i should be avoiding it.or is it the other way round?
Thx & Regards,
I meant not famous and not well known.
These days there is a trend of online agents selling insurance like policybazaar.com , insurancemall.in etc , however this company easyinsuranceindia is not a very famous or well known one at this moment.
I would personally avoid them based on the fact that they are not very known and they do not look that professional if you look at their website . At least it does not appeal me.
However if you want to buy things online , you can safely do it through policybazaar.com , insurancemall.in . At the end its your call