India’s AEGON Religare Life Insurance (ARLI) has rolled out three protection products – iIncome plan, iSpouse and iCancermdash, which are only available online.
The life insurer repoprtedly said that the new insurance policies can be purchased exclusively online within 10-12 minutes.
iIncome is said to be a non-linked, non-participating term assurance product, which has been designed to protect the household income stream for a certain period. .
iSpouse is reportedly a joint life term assurance policy and iCancer has been designed for insurance protection against all stages of cancer.
The company said that the iIncome plan offers a family with a lump sum amount and also yields a regular income in case the policy is triggered.
AEGON Religare Life Insurance managing director, CEO K S Gopalakrishnan was quoted by The Financial Express as saying: "We have attained leadership in innovative and need-based products because we believe in simplicity.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData"These products emphasize the fundamental propositions of life insurance – protection from uncertainty and are built based on customer feedbacks."