Flipkart partners with Aegon to sell digital life insurance policies

E-commerce major Flipkart has partnered with Aegon Life Insurance to sell paperless life insurance policies on its platform.
The product aims to make life insurance available to customers at the click of a button in a convenient and transparent manner, without the requirement of medical tests or paperwork.
All the existing Flipkart customers, aged between 18 and 65 years, can buy an instant digital policy with a sum assured of upto 10 lakh from March 2020.
The new life insurance policies will be available with sums assured ranging from Rs 1 lakh to Rs 10 lakh.
The premiums will be starting from Rs 129 for Rs 1 lakh sum insured.