2 min read.Updated: 08 Oct 2020, 01:26 PM IST Written By Avneet Kaur
The ‘Buy Now - Pay at Approval’ feature is applicable to customers paying via a digital instrument* for online purchase.
Making an effort towards providing the best services during covid times, Max Life Insurance has introduced ‘Buy Now – Pay at Approval’ feature for the customer while purchasing online policies. In its continuous endeavor to strengthen customer trust, the feature that is available for policies bought online, allows customers to apply for a policy with the proposal form and a payment instruction through a digital payment method, without the actual deduction of money until the proposal is evaluated by the insurer. The actual premium deduction happens just before the policy issuance.