Will online discounts on general insurance products make them more accessible?

To promote cashless transactions and incentivise people to make digital payments, the government recently announced several measures. One can, for instance, buy life and general insurance products from the websites of public sector companies on a discount. The announcement says: “Public sector insurance companies will provide incentive, by way of a discount or credit, of up to 10% of the premium in general insurance policies and 8% in new life policies of Life Insurance Corporation (LIC) sold th .. Read more at:
http://economictimes.indiatimes.com/articleshow/56013317.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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