Page 61 - M1_Insurance Introduction Notes

can only procure business for that particular

company which he represents.

 Web portal of individual insurer - a web portal

for insurers allows them to register and sell

policies online. It hosts a variety of services like

change of policy details like name and address,

collection of renewal premiums, surrender or

withdrawals, fund switching, policy revival or

cancellation or transfer, duplicate policy,

death/maturity claim and other policy specific

services.

 Licensed web aggregators – Web portals that

provide information pertaining to insurance

products and comparison of similar products of

different insurers.

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