https://www.taxtmi.com/news?id=40707 Choice between online purchase and agent-mediated purchase of term life insurance depends on trade-offs between cost, transparency, speed and personalised assistance. Online sales remove intermediary commissions and often lower premiums while requiring buyers to self-assess policy terms, exclusions and benefits; agent-mediated purchases provide explanation, paperwork handling, offline payment options and post sale assistance but typically increase effective cost and processing time. Consumers should select the channel that aligns with their need for price efficiency and autonomy versus personalised guidance and support. en-us Sat, 12 Apr 2025 13:01:03 +0530 Sat, 12 Apr 2025 13:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=40707 Choice between online purchase and agent-mediated purchase of term life insurance depends on trade-offs between cost, transparency, speed and personalised assistance. Online sales remove intermediary commissions and often lower premiums while requiring buyers to self-assess policy terms, exclusions and benefits; agent-mediated purchases provide explanation, paperwork handling, offline payment options and post sale assistance but typically increase effective cost and processing time. Consumers should select the channel that aligns with their need for price efficiency and autonomy versus personalised guidance and support. News - Sat, 12 Apr 2025 13:01:03 +0530 https://www.taxtmi.com/news?id=40707