Results 1 to 4 of 4

Thread: When does the Online Cover Start?

  1. #1
    PolicyWala Newbie
    Join Date
    Aug 2009
    Location
    India
    Posts
    12

    Exclamation When does the Online Cover Start?

    If we buy any policy online and pay by credit card, when does the Online Cover Start?




  2. #2
    PW Fan
    Join Date
    Apr 2009
    Location
    Gurgaon
    Posts
    81

    Default

    All cover starts, after accepting the risk and recieving the premium. As in online case companies accept certain risks, so I think coverage would start after premium payment.

  3. #3
    Super Moderator PolicyWala's Avatar
    Join Date
    Feb 2009
    Location
    New Delhi
    Posts
    675

    Default

    Quote Originally Posted by Vikram View Post
    If we buy any policy online and pay by credit card, when does the Online Cover Start?
    The policy will be issued immediately, after you make online payment. The cover will start after the insurer receive the premium by online mode or cover start date, whichever is later.

  4. #4
    PolicyWala Fan
    Join Date
    Apr 2009
    Location
    Banglore
    Posts
    54

    Default

    Quote Originally Posted by Vikram View Post
    If we buy any policy online and pay by credit card, when does the Online Cover Start?
    The cover starts from the date of payment by your credit card in the payment gateway.
    Anything dropped on the floor will roll over to the most inaccessible corner.


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •