Expert speak: Benefits of buying insurance online

Well well the customer are well aware of the needs is the funniest statement i have ever heard. All the bombarding of so called "Advise" on TV channels and articles and online information does not make a customer well aware of the need. The products offered online is just cheap and are not what the client NEED which is a right Advise after a need analysis which online aggregators or online insurance selling company's fail to do. Agents do the need analysis saperately of each clients and suggest products as per their needs. What online insurance does is to leave the famliy of the insured (if the insured member die) in limbo of getting the claims themselves. And IRDA does not show claim ratio saperately i.e. Maturity claims - Surrender claims - Rider claims - Death claims - online death claims. If these claim ratios are shown saperately, the real claim ratio will come out in open and not even one person will buy a policy online. Web aggregators only sell the policies and earn commissions but do not give any service when it comes to claims or any other services like changing nominee or address.