Aegon Religare Life Insurance, the first company to launch an online term plan in India called “iTerm”, has released a new version of the plan with improved features.

The new iTerm Plan comes with an in-built terminal illness cover and also offers a policy term up to the age of 75. Terminal Illness is defined as an advanced or rapidly progressing incurable & uncorrectable medical condition, which in the opinion of the treating physician is highly likely to lead to death within the next six...  Read More »

Aegon Religare Life Insurance Company has launched a new child insurance plan ‘Educare’, with the objective to provide a secured savings platform to meet higher education expenses. 

'Educare' is traditional life insurance plan which provides guaranteed payouts during the last 4 years equivalent to a total of 120% of the Sum Assured. In the last 4 years of the policy term, 50%, 25%, 25% and 20% of Sum Assured shall be paid respectively. On maturity, bonuses shall also be paid by the company.
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Insurance awareness among Indian consumers is on the rise and insurance companies are leaving no stone unturned to gain an edge over their competitors by launching innovative plans. A lot of insurance companies are breaking out of the old vanilla plans to introduce insurance products to cater to different customer needs.

Life insurance policies contribute close to 4.4% of the total insurance penetration of 5.1% in India. This clearly indicates that customers are more inclined towards buying...  Read More »

Aegon Religare Life Insurance Company is keen to introduce more online insurance plans to enable customers to make a hassle-free purchase at the click of a mouse.

After successful launch of the first and exclusive online insurance product in October 2009, the insurer has filed for an online health insurance plan with the Insurance Regulatory and Development Authority (IRDA). The company is also keen to launch a pure protection plan which can be bought online, and is in the process of filing...  Read More »

Religare Enterprises is in talks with two foreign insurance companies for a joint venture to offer non-life or general insurance services in India.

Sachindra Nath, Group CEO of Religare Enterprises Ltd, told Reuters, “We are in discussion with a few players”. He did not confirm the timeframe of the deal.

Religare Enterprises is a financial services group with presence across Asia, Middle East, Africa, Europe and America with over 10,000 employees. The company was founded by the family of...  Read More »

“iMaximize” is the new ULIP launched by Aegon Religare Life Insurance Company (ARLI).

This new ULIP plan aims to provide value for money by investing 100% premium amount paid by the policyholder. There is zero premium allocation charge, making it an attractive proposition for ULIP investors.

A customer can opt to pay regular premiums or a onetime lump-sum amount as a single premium. Depending on an individual’s risk appetite, the plan offers 2 unique portfolio strategies aptly named as...  Read More »