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Types of life insurance on the market

Posted: Wed Feb 12, 2025 7:05 am
by mahbubamim077
The trend concerns not only life insurance, but also other segments. For example, today more than 30% of MTPL policies are sold through digital channels. Citizens apply for and renew insurance policies online. It is convenient and takes a minimum of time.

For agents, the turn towards digital technologies is also beneficial: working online, there is no attachment to a specific office or city. You can change your place of residence, go to skype data another country, to the country, on vacation. And if there is no representative office of a particular insurance company in the region where the agent lives, it will still be possible to cooperate remotely.


Those companies that succeed are those that were able to: Adapt to the new digital life. Improve the level of customer service. Improve the process of communication with policyholders. Insurance companies understand this, so most market players today allow clients to report an insured event remotely, through their personal account, and submit the necessary documents there.

People no longer want to waste a lot of time, going to the insurers' offices. On the contrary, most are even ready to overpay for instant remote registration and the same prompt solution to other problems. Insurers have also begun to use artificial intelligence, from chatbots to predicting the likelihood of losses in specific cases.