22nd Sep 2008 - Internet channels come with an inherent advantage- the data capture and analysis is something that can be done effectively and continuously.


We at BimaDeals.com, recently asked ourselves this question "What is it that our customers want?". Well, they all were looking for either information on insurance or were keen on buying some insurance products.


But we wanted to dig deeper and find out,
- What product types are being sought?
- What is the end-use of the Insurance product i.e. who or what life stage does the product address?

We at BimaDeals, believe in building long lasting and mutually beneficial relationships. Over the last 7-8 months our agent network has increased manifold. With this increasing number of agents we partner with- we want to make sure we appreciate and reward agents who have really helped us in our journey.

With the above background, we announce the BimaDeals Agent Partnership Program (BAPP).

Who all will be eligible:

Life Insurance Policies are of various types and a good understanding of their features is a must before you can figure out which product makes most sense for your specific need.

One way of classifying Life Insurance policies is based on how the premium is invested and (sum assured) returned back:

- Term Insurance
Term Insurance is a simple insurance plan that covers the life for a specific "term". Death benefit is paid only if the person dies within this covered period. Since its a no-frills product, it is also the cheapest amongst the Life Insurance Products.

- Unit linked Policy

Life Insurance is perhaps the most important of all Insurance covers that an individual needs to have. In its basic form a Life Insurance plan covers the dependants or the beneficiaries (of the policy) for any possible risk to the policy owners life.

The bread earner of a family typically needs a comprehensive risk cover, to ensure financial security to dependants in case of any eventuality.
The quantum of cover taken should also be sufficient and should take into account inflation and realistic spends.

Find out how much Life Insurance is required

BimaDeals is the leading online platform for comparing and buying Insurance products. We have active tie-ups with most Insurance providers and this helps you to get to choose the best Insurance products.
Life Insurance - ICICI Prudential, HDFC Standard Life, Kotak Life Insurance, Max New York Life Insurance, LIC, TATA- AIG, Bharti AXA etc

Health Insurance - ICICI Lombard, TATA-AIG General, Bajaj Allianz etc