Insurers to get ‘Home Owners Insurance Knowledge’ quiz to boost online enrollment
The Insurance Council of India is to roll out a new test that will be used to identify the best home insurance knowledge to encourage consumers to enrol for policies, the agency said on Wednesday.
The quiz will help insurers to “ensure that all customers are covered under their policies in a timely manner”, the ICAI said in a statement.
The quiz is aimed at encouraging consumers to opt for home insurance coverage from private insurers and also to ensure they are covered in case of unexpected incidents or emergencies.
The government has set a target of enrolling 5 million home buyers by April 2019.
The Insure for Home Owners quiz is one of a number of initiatives the government is taking to attract more customers to insurance policies, including offering incentives to promote home insurance, which was only available to existing customers.