iGain is the fastest way to buy Life Insurance online. It is India’s first completely online ULIP, which you can buy online.iGain gives you the convience and ease to invest online and manage your investment online.
The major advantage of purchasing insurance online is that it enables easy payment. This site empowers you to make decisions on your personal investments at your own pace without being pestered by someone. Also, your privacy is guaranteed. After payment of the first premium you need to send or get collected other necessary documents that include Age and Address Proofs, to enable us to issue your policy at the earliest.
This process usually takes 10-12 days. In case the policy requires you to undergo a medical check-up; you will be called by the service provider’s customer service personnel for the same.
Getting an insurance quote online is as simple as filling out the company’s questionnaire. You will be asked questions related to the premium amount you are comfortable paying, the payment modes (monthly, quarterly, half-yearly and yearly), the chosen period for your policy tenure and the investment funds you are interested in. You can manually select these funds or you can leave our investment advisors to decide on your behalf.
After this you will be provided with a Benefit Illustration (sharing of this is a mandate by IRDA) that will provide you your latest policy update.Once your online transaction is through you will receive an online receipt in your registered mail ID inbox. You will also receive a physical copy of the filled form and the Premium Payment Receipt.
The minimum entry age is 18 years. The issue age of the Life Assured / Policyholder is calculated as age attained (i.e. age last birthday) as on the date of commencement of the related benefit.