Have complicated procedures and expensive premiums kept you away from signing up for a life insurance policy? With Insurance on Flipkart, you can now put your fears to rest and get insured at the click of a button in a convenient and transparent manner.
With the recent development of COVID-19, Flipkart in partnership with Aegon Life Insurance Company brings to you an Insurance product that covers both Life and Hospital Expenses (if admitted due to COVID-19). The product is available with multiple combinations of Life Cover (upto Rs. 40 lakh) and Hospital Cover (upto Rs. 1 lakh). The policy issuance for the Flipkart customers is ‘instant’ and does not require any physical hassles of medical check-up.
Fast and paperless insurance
Here are some of the important things to know about the policies available on Flipkart.
Seamless procedure: A quick-access digital policy that requires no medical tests and zero paperwork. You can also enjoy complete transparency with no hidden terms and conditions. Getting an insurance policy is no longer cumbersome!
Cost-effective plans: The Life Insurance with COVID-19 cover policies on Flipkart have varied offerings, with sums assured ranging from Rs. 5 lakh to Rs. 40 lakh. The policy includes life cover and additional hospitalization cover with a lump sum payout if the customer has been in the hospital for more than 24 hours due to COVID-19.
The COVID hospitalization cover ranges from Rs. 50,000 to Rs. 1,00,000.
Available for all: With one policy per customer, insurance on Flipkart is made available for all, aged 18 to 50 (COVID-19 Cover is available for age group 18-50). The plans will greatly benefit those in Tier 3+ cities, who do not have easy access to such financial services. The policy will not be open to customers who have already subscribed for a Aegon Life Insurance policy through Flipkart.
Reputed insurance provider: Aegon life was awarded as one of the best BFSI brands in 2019 by The Economic Times. Aegon Life boasts of a healthy claim ratio of 96.45% (individual death claims settled in FY 2018-19).
Here’s a step-by-step guide:
- Visit the Insurance page
- Chose the sum assured
- Fulfill the eligibility criteria for buying this policy and declare that:
You have not traveled outside of India in last 45 days
You have not been quarantined or been in close contact with anyone who has been diagnosed positive for COVID-19 in last 14 days
You have not experienced symptoms of fever/cough/shortness of breath/malaise/sore throat/nausea/vomiting and/or diarrhea within the last 14 days
And other terms mentioned in the T&C
- Enter the policyholder details:
- Fill in nominee details, if you desire (Name, email address, relationship with policy holder)
- Verify your mobile number with the OTP provided
- Choose your payment method
- Make the payment
With zero paperwork, no medical tests, and low premiums, getting insured today is easier than ever. Sign up for Life Insurance on Flipkart here.