At last, an insurance product that is cheap, well-structured and can be bought off the Internet

Aegon Religare has launched a pure term policy called ‘iTerm Plan’ which offers you a facility to get insured directly—without an agent. I entered some data and noticed that the annual premium for a 21-year-old person, for a policy of around Rs1.12 crore for a 25-year period was just Rs8,360 per...