Tuesday, 20 November 2012

Online Term Policy with Riders - iSecure

Bajaj Allianz Life Insurance has launched the online version of its latest term policy – iSecure. The online variant of iSecure offers a minimum sum assured of Rs. 20 lakhs. The plan offers additional riders such as Critical Illness, Comprehensive Accidental Protection benefit and Hospital Cash, making it the only online term plan from one of the leading insurers to offer riders.

iSecure offers a unique option of taking the policy proceeds in annual installments, which can serve as a regular income for the family, in case of unfortunate death of the primary breadwinner. The plan also offers a reward for maintaining a healthy lifestyle in the form of preferential premium rates for non-smokers. iSecure is an ideal choice for people looking for a high life insurance cover since it offers a High Sum Assured Rebate for all those opting for a sum assured of Rs. 20 lakhs and above.

Rituraj Bhattacharya, Head-Market Management, Bajaj Allianz Life Insurance says, “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 online variant; we have completed our bouquet of online products comprising of ULIP, traditional and term insurance plans.”

Other key features of iSecure Insurance Plan include:

Advantage of a level term cover at low cost

Benefit of attractive high sum assured rebate

Flexibility to select your policy term of 10, 15, 20, 25 or 30 years depending on your requirement

Alter your premium payment frequency

Option to include your spouse. If you are single at present, you can include your spouse at a later date in your existing policy.

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