Term Insurance - Aegon Religare - iTerm or other online term plans like Kotak, HDFC, Aviva?

[Manish_Kumar]

I think the website is showing on the online claims ratio (i.e. 6 claims settles from 7 claims). Because last year out of total 130 claims - 68 paid and 58 repudiated. They have to show that this data is only showing online policies.

In short term most of the new companies show low claim ratio. Go for this company if it's meeting your criteria.

[DirajShah]

I think it would be a better idea to go for Aviva i-life. Aviva i-life provides policy term of 35 years and is also an online policy. Besides Aviva has a better claim settlement ratio as compared to Aegon Religare.

Advantages on Aviva i-Life Plan
Rebate for Female Lives - An additional rebate for female lives of 5% on the tabular premium rates for male lives.
Rebate on Large Sum Assured - Premium rates depend on the size of the Sum Assured ranges – less than Rs. 50 lacs, Rs. 50 lacs to less than Rs. 1 Cr, Rs. 1 Cr to less than Rs. 5 Cr and Rs. 5 Cr & above.

Why don't you read the review shared on Policywala.com where Aviva i-life is compared with Aegon Religare.
Search for 'Aviva i-life online term plan: review' for details.