Buying online insurance in Kenya is forever a mixed bag for people. Buying an online insurance policy is no longer limited to those days of consulting with financial advisors and insurance agents, who would showcase a bouquet of plans, describe all the specs and then the customer would pick the plan that was not perfect based of course on advance and generally personal relationships. Yet, most of us still buy insurance in the way describe above. A little fraction of people have started online buying insurance although the number of rising each and every day.

Here are some of the advantages of online insurance in Uganda:

More convenience

Online buying is forever more perfect. You can browse via insurance plans at work or home purchase at your own ease time without having to depend on anyone. There are many online chat functions at sites at leading insurance firms which generally help you out with necessary guidance. The full KYC procedure is now easier through internet while you can fill up your own details in a problem-free manner instead of worrying about the agent getting them wrong.

Seamless plan comparison

While online buying, you can simply match all insurance packages that you come across in a particular category easily, something that is not online possible. You can check out all the listed rates, specs and then taken a decision accordingly.

Affordable costs

The full insurance cost does tend to dent our pockets sometimes, the amount payable for intermediaries and agents and intermediaries and also advertising costs does take up a little but important chunk of the insurance cost paid offline. At the same time, online buying means the full absence of these factors and hence your insurance purchase cost is mechanically lowered with comparatively lower premiums as well as in most cases. When you online purchase, you directly purchase from an insurance firm and hence the lower costs in some cases.

Seamless documentation

You do not need to hesitate about the mountain of paperwork which generally accompanies insurance package offline. You can simply upload documents electronically and confirm them along with submitting application online forms and even making the online payment.

Stop mis-selling

Mis-selling is a big issue in the insurance space and purchasing online helps you stop the same. This is a scenario where agents sell your packages with high commissions but not true advantage for the specific needs that you have.


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