The company already offers motor, travel, health and personal accident insurance online. The online facility will be helpful for new and existing buyers. One can buy a new policy or renew an existing one through this channel.
A buyer can choose comprehensive cover for his home and its contents against fire and allied perils, burglary and theft. While a comprehensive policy covers the building, appliances, furniture and fixtures against damage and theft, though there is a Rs 10,000 cap on the cover for jewellery and cash is not covered. However, one can also take terrorism cover.
The company claims it offers very competitive premium rates. A house with a built up area of 2,000 sq ft will be covered for Rs 30 lakh and its contents for roughly Rs 4 lakh for an annual premium of Rs 3,676. The buyer also has the choice of converting the premium into three easy EMIs.
HDFC Ergo, a 74:26 joint venture between the housing finance major HDFC Ltd and Ergo International AG, a German insurance group, has been investing substantially in developing its technology platform. Over the past year, it has seen a substantial increase in the online sale of policies.
No comments:
Post a Comment