Page 66 - M1_Insurance Introduction Notes
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The premiums for online sale is by way of credit
card/debit card/ net banking or any other mode as
permitted by the Reserve Bank of India from time
to time through a payment gateway normally used
by the insurer for online sale of insurance policies.
The insurance brokers/agents are not to accept
any cash payments towards premiums.
On completion of online transaction for payment
of premium and sale of the policy, one is able to
generate and save / print the e-premium receipt
and the policy document also.
Alternatively, one could ask for the policy
document to be delivered by e-mail/ or in hard
copy as opted for by one self.
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