Aegon Life Insurance relaunches ‘iTerm’ an online Term Insurance plan

New & Advanced features of New iTerm:

• Premium can now be paid on a monthly, half-yearly, and annually basis as opposed to previously when the customer was required to make annual payments
• The maximum maturity age has been raised to 80 years, raising the maximum policy term to 62 years
• The product now also offers flexibility to choose death benefit payout:
  1. As a lump-sum payment, or
  2. As fixed monthly income for 100 months, or
  3. As a combination of the above