LIC has received a premium of 1 thousand crores online in lockdown. 95 per cent of LIC’s new premium has been coming offline through agents. But now 12 lakh agents of the company are also sitting at home, doing online premium collection and renewing the policy.
New Delhi. Whether you go to Srinagar or Leh-Ladakh, or in any state of the Northeast. LIC agents will be visible everywhere to you. Even its agents are spread in every village. That is why it is said that if you do not see the post office in any village, the agents of LIC will definitely be seen. But in Corona Time, now most of the policy is being purchased online. In the era of Corona and social distancing, people are not looking for agents who take life insurance, are taking policies online from the companies site. That is why LIC is also preparing to bring a new app.
LIC prepares to bring new app- According to the news of Moneycontrol, LIC has got a premium of 1 thousand crores online in lockdown. 95 per cent of LIC’s new premium has been coming offline through agents. But now 12 lakh agents of the company are also sitting at home, doing online premium collection and renewing the policy. LIC is also preparing to bring an app about this.
During the era of Kovid, awareness has increased among people about life insurance. In such a situation, online route is not only the need of the hour but also the best way to reach the customer.
e-commerce sites Flipkart and Amazon (Amazon) including online payment apps Paytm and PhonePe transactions The insurance market has started on its platforms for promotion. These giant companies have started selling their new insurance policy. According to the insurance expert, the arrival of these companies can cause a big loss to the traditional insurance market and the insurance agent.
This is also believed to be because, to promote the purchase of digital insurance, e-commerce companies are offering cheap premium payment products with insurance companies seeing the need of consumers.
All these companies are giving easy option of premium payment to the customers. Flipkart is providing life insurance and health insurance by meeting Aegon Life Insurance. Looking at the coronavirus, the company has introduced a health insurance cover of five lakh covers. In this, the annual premium for one lakh cover starts from Rs 129. The company has introduced many more similar cheap insurance products.
With this, Flipkart has obtained the overall distribution license. Which means she can sell all types of insurance by tying up with three insurance companies. E-commerce companies are selling different types of insurance products including vehicles, treatment insurance and life insurance at one place.
