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Why insurance policies are needed in digital format

In case of health insurance policy, the sum assured needs to be Rs 5 lakh or more apart from annual premium of Rs 10,000 and above. For general insurance policies, e-insurance is needed if anyone is paying an annual premium of Rs 5000 and above or has a sum insured of Rs 10 lakh or more.

 
 
Even if you are among the one who are insured, will it be sufficient enough when you actually need it?
SBI Life Insurance is eyeing to achieve a growth of 30-40 per cent in the new business premium in 2016-17, a top company official said.
Important things to know about paying health insurance premium in parts
What if you are not paid on time despite buying a policy? Here's what you should do to avoid such a situation.
 
 
Apart from linking premium to driving skills, the device also provides you security based on various parameters such as over-speeding and geo-fence violation.
For the first time Future Generali India Life has partnered with a bank.
Be alert. Your life insurance policy can lapse when the due premium is not paid even within the grace period.
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