Confused about buying term insurance via online or offline channel? Here’s help
Individuals can buy a term plan through an agent, which is an offline channel or via online insurance aggregators
Term insurance policies are the simplest form of life insurance that pays out the sum assured if the insured dies during the term of the policy. The life insurance industry, which has traditionally been an offline-focused business, saw a big rise in online sales for term insurance plans after the Covid-19 broke out.