AEGON Religare Life Insurance launches online protection plan

New Delhi, Aug 2 : AEGON Religare Life Insurance today launched an online protection plan on a unit-linked platform, especially to target high networth individuals who are looking at protection of both life as well as their goals and aspirations.

The plan--AEGON Religare iMaximize Plan--is available exclusively online.

Launching the plan here, AEGON Religare chief marketing officer Yateesh Srivastava said, "The plan is targeted to the new age customer who prefers a convenient, hassle-free and a non-intermediated process while buying any financial product." He said the comprehensive plan offers protection for life as well as protection for his dreams and goals.

"This is achieved through a triple-benefit option which in case of death pays the sum assured, pays an annual income benefit to the nominee for the remainder of the term keeps the policy alive for the intended term so the corpus expectations are met at maturity," Mr Srivastava said.

The plan can be bought online within 10-12 minutes by visiting the company website.

The minimum entry age is seven years and maximum age at maturity is 75 years with a choice of three policy term options--15 years, 20 years, and 25 years.

The premium paying term is equal to the policy term. (UNI -Posted on / )

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