05 December 2024
ACKO, a leading technology-driven and digital-first insurance provider in India, has launched an innovative Term Insurance plan designed to meet the needs of young Indians who prioritize long-term financial planning. This new product aims to provide affordable life insurance coverage, focusing on simplicity, transparency, and a seamless claims experience.
Increasing Demand for Life Insurance
The Indian insurance sector has undergone a remarkable transformation in recent years, driven by several factors, including technological advancements, changing consumer needs, affordable and innovative products, and growing awareness about financial security. In response to the increasing demand for life insurance, ACKO has introduced its first term insurance product, the ACKO Life Flexi Term Plan, with competitive pricing, making financial protection more accessible to a wider range of consumers. Additionally, premiums paid towards this plan are eligible for tax benefits under Section 80C of the Income Tax Act, offering further financial advantages to policyholders.
ACKO, a leading technology-driven and digital-first insurance provider in India, has launched an innovative Term Insurance plan designed to meet the needs of young Indians who prioritize long-term financial planning. This new product aims to provide affordable life insurance coverage, focusing on simplicity, transparency, and a seamless claims experience.
Increasing Demand for Life Insurance
The Indian insurance sector has undergone a remarkable transformation in recent years, driven by several factors, including technological advancements, changing consumer needs, affordable and innovative products, and growing awareness about financial security. In response to the increasing demand for life insurance, ACKO has introduced its first term insurance product, the ACKO Life Flexi Term Plan, with competitive pricing, making financial protection more accessible to a wider range of consumers. Additionally, premiums paid towards this plan are eligible for tax benefits under Section 80C of the Income Tax Act, offering further financial advantages to policyholders.
Stay Connected, Stay Informed –
Don’t miss out on exclusive updates, market trends, and real-time investment opportunities. Be the first to know about the latest unlisted stocks, IPO announcements, and curated Fact Sheets, delivered straight to your WhatsApp.