After disrupting the General Insurance space with its innovative motor and health products, ACKO Tech, the parent company of ACKO General Insurance, announces the launch of its new arm ACKO Life Insurance with its revolutionary Flexi Term Life Insurance Plan. ACKO Flexi Term Life Insurance is a comprehensive solution that offers customers the peace of mind and financial protection throughout their lives. Built upon ACKO’s core principles of fair pricing, convenience, and offering superior customer experience, the plan is designed to cater to the evolving demands of customers.
Moreover, the Term Life Insurance Plan offers exceptional flexibility, allowing customers to switch between different payout options at any time during the policy. Policyholders can choose between a lump sum, monthly installments, or an annuity, tailoring their payouts to best fit their evolving financial needs, even during the claims process.
The ACKO term life plan provides customers with flexibility as well as protection by incorporating the changes in coverage amount or tenure as per the need.Varun Dua, Founder, ACKO, said, “ACKO understands the uncertainties of life and the evolving needs of customers based on the different stages of life they’re in. We wanted customers to look at life insurance not as a means of investment, but as pure-play protection for them and their families.”
