Bajaj Allianz launches online term plan with riders
Quotes

Bajaj Allianz launches online term plan with riders

Last Updated: Thursday, August 16, 2012, 20:42
 
 Comment 1
 
Bajaj Allianz launches online term plan with riders
Mumbai: Private insurer Bajaj Allianz Life Insurance on Thursday launched an online term plan.

`iSecure' offers a minimum sum assured of Rs 20 lakh, the Pune-based company said in a release here.

The scheme offers additional riders such as critical illness, comprehensive accidental protection benefit and hospital cash, making it the only online term plan in the market to provide riders, it said.

"The online medium is becoming increasingly popular for buying financial products and this trend is being seen in life insurance as well. Bajaj Allianz has been the pioneer in offering an online ULIP and with iSecure, we have completed our bouquet of online products comprising ULIP, traditional and term insurance plans," said Bajaj Allianz Life Insurance Head (Market Management) Rituraj Bhattacharya.

The key features of iSecure include advantage of level term cover at low cost, benefit of attractive high sum assured rebate, flexibility to select policy term, option to include spouse among others, the release said.

The company is a joint venture between Allianz SE, a leading global insurance firm, and Bajaj Finserv (recently demerged from Bajaj Auto).

PTI



First Published: Thursday, August 16, 2012, 20:42


Comments


comments powered by Disqus
Forbes Best Places for Biz 2014
Forbes Best Places for Biz 2014
Hyundai Elite i20
Hyundai Elite i20
John Kery with Indian Biz Honchos
John Kery with Indian Biz Honchos
Honda Mobilio MPV
Honda Mobilio MPV
Tata Zest first drive review: In pics
Tata Zest first drive review: In pics

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved