Private insurer, Bajaj Allianz Life Insurance has launched a new online term plan by the name ‘iSecure’. It is the only online term plan available in the market that provides riders.
The plan offers additional riders such as Critical Illness, Comprehensive Accidental Protection Benefit and Hospital Cash.
Minimum sum assured under the plan is Rs 20 lakh.
The key features of the plan 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.
Bajaj Allianz Life Insurance Company is a joint venture between Allianz SE, a leading global insurance firm and Bajaj Finserv.