Now a days everyone wants all their work done online. People lack the human resource or hired help to help. Nuclear family, means more work for the couple, house as well as work so; Flexibility is the operative work coupled with effective time management and it becomes easier if insurance can also be managed online. Setting its eye on the growing internet users, Aegon Religare Life Insurance launched iTerm Plan offering it exclusively online to its customers.
It is the cheapest Term Plan currently available in the market, making it the most attractive product. India had a total internet base of over 60 million with a record e-commerce transaction amounting to Rs 1,800 crore in 2008.
Aegon Religare iTerm Plan is a pure protection insurance plan, wherein a customer is required to pay yearly premiums till the maturity of the policy.
Religare which had entered into a joint venture (JV) with Aegon, one of the world’s largest insurance company, has 52 offices in 17 states in the country with 1,600 employees.
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