Flipkart and Aegon Life Insurance have joined their hands in order to sell paperless life insurance policies on its platform. Flipkart customers, aged between 18 and 65 years, can buy an instant digital policy with a sum assured of upto 10 lakh.
“An instant digital policy with a sum assured of up to 10 lakh will be available to consumers from March 2020,” Flipkart said.
“With this product, Flipkart and Aegon Life aim to solve for these issues and make life insurance available to customers at the click of a button in a convenient and transparent manner,” Flipkart added.
The life insurance policy includes features like sums assured from Rs 1 lakh up to Rs 10 lakh, premiums starting from Rs 129 for Rs 1 lakh sum insured. Flipkart employees belonging to the age group of 18-65 years can avail the policies.