Aegon Life Insurance Company Limited (formerly Aegon Religare Life Insurance Company Limited), an international provider of life insurance, pensions and asset management launched its pan-India operations in July, 2008 following a multi-channel distribution strategy with a vision to help people plan their life better through its life insurance, term insurance, health insurance, child plans, and pension plans.
With its presence in more than 20 countries, 30 million customers, more than 29,000 employees, the company is managing assets worth 743 billion Euros as on date.
In India, the company operates in partnership with the reputed Bennett Coleman & Company Limited, i.e., The Times Group to offer insurance plans and runs the insurance operations through the company-employed service team.
Aegon Life Insurance offers insurance products in the following domains :
Aegon Life Insurance offers a widespread digital platform to bring transparent insurance solutions with a direct to customer approach. The company has been awarded many recognitions such as the 'Best Product & Distribution Award' at the Indian Life Insurance Award 2013 presented by EDGE Advisory Services. In 2013, 2014, 2015 and 2016, it consistently won the 'E-Business Leader Award' at the Indian Insurance Awards. In 2016, Aegon Life received the 'Best Service Quality Program' award by the Service Quality Awards.
In 2018-2019, Aegon Life’s claim settlement ratio was 96.45%.