Step-by-Step guide on how a POSP Advisor can help you in buying a Motor Insurance
Owning a vehicle has become a necessity in today’s fast-paced world, as it provides the convenience to travel anywhere you want at any time. While you may enjoy the independence you have, the risks of unforeseen mishaps or accidents always loom large. This is where having motor insurance becomes paramount. A lot of individuals usually consider to buying a Motor Insurance online; however, it has its own limitations.
One may not get complete information about the policy they are purchasing. Other shortcomings are a lack of personalisation and no provision for negotiations for the plan. Moreover, many motor insurance companies do not have a claim processing mechanism online, making it difficult for policyholders to file a claim. So, how does one negate this issue? This is where the role of a point-of-sale person (PoSP) comes into play.
Considering a POSP for insurance
The PoSP representative is essential in helping insurance buyers overcome their obstacles. They offer in-depth details regarding their insurance offerings. They also advise the customer on other things that they might purchase to meet their various demands. Additionally, they assist the potential buyers in acquiring a policy that meets their demands and is reasonably priced. Moreover, they also support the customers during the claim procedure while advising them on how to submit a claim to compensate for any losses or damages. Now that you know the potential benefits of purchasing insurance from a POSP, let us delve into how a POSP can help you buy motor insurance.
Insurance knowledge
The first time someone is considering purchasing insurance, whether it is motor insurance or the best accidental insurance policy, they have little knowledge about the product. This is the reason why they consider buying motor insurance online. Instead, one must get in touch with a POSP, who can provide you with knowledge of insurance products. They will ensure that you understand every aspect of the insurance product, including coverage, premiums, claims, and potential risks.
Personalised service
With so many clauses and conditions, as well as several elements influencing the costs, motor insurance contracts can be complicated. For some people, there’s nothing easier or more satisfying than browsing through online forums and articles; it’s far better to have a personalised experience with a face and name you can talk to. Personalisation is the most crucial advantage a PoSP can provide a potential buyer. When you choose to buy motor insurance online, you don’t get this benefit. Based on the vehicle, they can guide you in selecting the best motor insurance that is also affordable.
Bundled discountThrough a PoSP advisor, the majority of reputable brokers provide financial, home, and motor policies. For example- In health insurance, there are 10 sets for covering various kinds of risk, if you bought more than 6 sections you would be eligible for a bundled discount. Your options for savings are limited, as many motor insurance companies do not provide financial or housing products. However, when you purchase numerous policies from the same broker, the majority of POSPs are able to provide you with bundling discounts. It is difficult to obtain this benefit when you buy motor insurance online.
All things considered
There are risks associated with driving on Indian roadways that we cannot ignore. Any unlucky collision could result in harm to the car as well as injuries that occasionally could be fatal. It is a smart move to have a vehicle insurance policy and the best accidental insurance policy in place in order to protect your finances from any such mishaps or accidents. While it is possible to buy motor insurance online, a POSP can offer you bundled discounts, personalised attention, and product expertise. If you are still wondering how to locate an insurance advisor in my area, you may rely on the extensive network of Policy Ensure’s PoSPs, who work tirelessly to deliver the best motor insurance policy at your disposal.
