Aegon Religare Life Insurance Company Ltd plans to launch three new online insurance products, subject to approval from the Insurance Regulatory Development Authority (IRDA). These plans are expected to roll out before the end of the financial year 2014–15. At present, the company has four online insurance products. Amit Kumar Roy, Chief Distribution Officer, Aegon Religare said that these products can be used as purely for insurance or insurance cum investment.Read more
#All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
He also spoke on how the online platform favors the company, quoting that 23% of the total sales are generated via online channels.
Roy told that this fiscal, the company targets 50% growth in premium collection, up from last year’s 32%. He talked about Aegon Religare’s claim settlement process that resolves claims within 48 hours. The company expects to cross its claim settlement ratio from the present 87 % to 90% by 2015-16.
The company also launched Aegon Religare Premier Endowment Insurance Plan recently. This plan offers guaranteed addition of 5% of the sum assured to the customer’s savings every year, during the premium payment term. In addition to the life cover, it offers an increased benefit amount with the accumulation of bonus beginning from the first year. It is a good plan for targeting medium- or long-term goals.
09 Aug 2023High net worth individuals often opt for life insurance plans to
28 Jun 2023“Policy Bazaar insurance clarified the term policy for me, so
27 Jun 2023“I recently bought an HDFC term plan and it is the best
20 Jun 2023The best life insurance policy in India is a type of life
20 Jun 2023Insurance is a financial product that transfers the risk to a