In Indian insurance Market, Aegon Life Insurance (Previously known as Aegon Religare Life Insurance Company Limited) was launched in 2008. It is a joint endeavour between Aegon and Bennett, Coleman & Company. This venture aims to build a customer-centric business structure and provide an excellent and innovative work experience. Aegon Religare Life Insurance has adopted a local approach and has empowered it with the power of global expertise.
Aegon’s history dates back to 170 years and it has steadily grown into an international powerhouse with business in over 20 countries across the globe. On the other side, Bennett, Colman & Company is India’s major media conglomerate. Aviva Life Insurance thus enjoys a healthy market share and has different types of life insurance products to cater the needs of its clients.
Aegon Religare Insurance plans are focused on giving the customer with best means to meet their long-term Financial goals. Along with that, it has been upbeat with its product development. In the year 2015, Aegon Life was awarded as the ‘E-Business Leader’ at the Indian Insurance Awards for the third year running, under the category of Overall Insurance Industry Awards. The company has a Capital infused of over 1400 crores in December 2016 and has a healthy death claim settlement ratio of 95 percent.
Aegon Life Insurance (previously known as Aegon Religare Life Insurance Company Limited) was launched in 2008 for pan-India operations.
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Buying insurance online is becoming increasingly popular with the current generation. Aegon Religare Life Insurance offers its services online with easy premium payment portals and options to buy its insurance plans online. With 83 branches in over 46 cities and Aegon Religare Life Insurance has a decent user base of 4.4 lakhs customers making it one of the leading insurance service providers in India.