On November 2, 2020 Aegon Life Insurance Company Limited launched ‘Life + 36 critical illness Insurance’ on Flipkart. The policyholder of the plan will get the benefit of life protection along with a lump sum amount on diagnosis of any of the 36 critical illnesses. This plan offers a comprehensive insurance cover against COVID-19, which can be availed immediately on the Flipkart app with a basic life insurance plan.
- This insurance ensures that the policyholders are protected against most lifestyle diseases along with a life cover to ease the financial burden.
About Life + 36 critical illness Insurance:
The starting premium of the plan is Rs 153 for a life cover of Rs 1 lakh plus Critical Illness cover of Rs.10,000.
Most of the life-threatening illnesses like Cancer, Heart Attack, Kidney Failure, Stroke, Burns, Alzheimer and 30 other diseases are covered by the policy
No medical check-up or KYC Required
The policy is instantly issued and requires no medical check-up or KYC(Know Your Customer).
Lump Sum Amount
- The policyholder is paid a lump sum amount on the diagnosis of any of the 36 life-threatening illnesses, irrespective of hospital bills.
- The Life cover continues with the reduced sum assured against the claims paid under the policy.
Note– The lump-sum amount helps the policyholder to manage the healthcare expenses, home treatment and other related expenses.
The earlier product of Aegon Life Insurance on Flipkart is ‘Life + Covid-19 Insurance’.
Recent Related News:
On August 6, 2020, Airtel Payments Bank has entered into a partnership with Bharti AXA General Insurance to offer the latter’s affordable and newly launched shop insurance product namely “Smart Plan Shop Package Policy” for financial protection of the bank’s retailers and merchants.
About Aegon Life Insurance Company Limited:
HeadQuarters– Mumbai, Maharashtra
Principal Officer– Mr. Satishwar Balakrishnan
Chief Executive Officer (CEO)– Kalyan Krishnamurthy
Head Office– Bengaluru, Karnataka