Aegon Life Ties Up With Policybazaar.Com for iTermForever

Aegon Life Insurance said it has collaborated with Policybazaar.Com to create iTermForever Insurance plan, a non-linked non-participating whole of life term insurance plan .

Key Features :

– Complete protection for one’s entire life

– Hedge against Inflation by systematically increasing one’s life cover (Sum Assured) without fresh underwriting (Planned Life Stage Benefit Option) and by paying additional premium

– Option to increase cover at key life milestones by paying additional premium

– Lump-sum payment to nominee in case of unfortunate demise of Life Assured at any age

– Option to pay the premiums for a limited duration

Customers can purchase the plan online to later receive a verification call from an Aegon Life representative to confirm purchase.