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RenewBuy launches Smart Term Plan for working professionals and small business owners


Published on 2025-01-09 23:00:47 - cnbctv18
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  • In its first phase, RenewBuy has partnered with LIC, ICICI Prudential, and Digit Life to reach a broad consumer base, especially in underserved Tier 2-3 cities.

RenewBuy, an insurtech platform, has introduced a new insurance product called the Smart Term Plan, specifically designed for working professionals and small business owners. This plan offers comprehensive life insurance coverage with features tailored to meet the needs of these groups, including customizable policy terms, premium payment options, and coverage amounts. The plan aims to provide financial security by ensuring that in the event of the policyholder's untimely demise, their family or business partners are financially protected. Key highlights include flexibility in choosing the sum assured, the option to increase coverage as income grows, and competitive pricing to make insurance more accessible. This launch is part of RenewBuy's strategy to innovate in the insurance sector by leveraging technology to simplify and personalize insurance solutions.

Read the Full cnbctv18 Article at:
[ https://www.cnbctv18.com/personal-finance/renewbuy-launches-smart-term-plan-for-working-professionals-and-small-business-owners-19537714.htm ]
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