Aegon Religare Life Insurance Company launched an online health plan today in Mumbai.
Called iHealth Plan, it covers hospitalisation and surgery expenses. This is a fixed benefit plan covering 849 surgeries and provides for lifelong renewal of health cover till the age of 100 years.
An important feature of this plan is that it can be used to provide cover for in-laws in addition to other family members such as spouse, children, parents and siblings.
Mr Rajiv Jamkhedkar, Managing Director and Chief Executive Officer, said the focus of the online plan was simplicity, convenience, premium stability and offering value for customers. He said that their earlier online term insurance plan had about 35,000 customers. Online policies accounted for about a fourth of the total policies sold by the company, he said.