General Insurance companies take thousands and thousands of applications on paper every day. Most General insurance intermediaries print and use more than hundred applications per month and each application averages over 10/15 pages i.e. brochures, quotes, sales leads, and policy illustrations, proposal form etc from a single company. when you are comparing with other insurance companies product, we can guess how many paper document required for a single client to take decision for purchase a single insurance policy. Do not forget that you as the client will also be receiving a policy document when you sign up for general insurance policy that averages 8 to 10 pages. In short, General Insurance companies are certainly not the worst industry with printed paper but they aren’t going to be receiving any awards on Earth Day this year either!

Good News!

New application processes have recently been released in order to encourage change in the General Insurance Industry. Companies such as www.gibl.in have created web portal systems that allow a Client to not only collect a General Insurance Application over the internet but they don’t even require any signatures. These new “web apps� allow for data to transfer to the insurance company much faster, clearer and at less cost. These types of processes are determined to affect the General Insurance company’s bottom line, and when they save money, you save money. In fact Health insurance premiums have increasing day by day due to the huge expenses.

Policy holders also have an option that is becoming more popular as it is offered, the “Paperless Policy�. GreenLife Insurance Broking (www.gibl.in ) is one company who has expressed an interest in offering their clients an option to access their policy online and secure web page. Each policy receives his/her own e-mail address.

Time will come the current methods of collecting Genereral insurance applications and paper packed policies is coming to an end. At the end of the day having systems like these in place help save you, us, and your insurance carrier a good deal of money. If we can all save money and help the planet stay green, we encourage it.