Aegon Religare Life Insurance, the joint venture between financial services firm Religare and Indian media house Bennett, Coleman & Company, has launched an online life insurance plan for high net worth indiviudals.

The iMaximize plan is available to individuals aged 7 to 60 years old and comes with two investment portfolio strategies. The minimum premium is Rs1 lakh ($2,300) per year and the sum assured depends on the annual premium the investor is willing to pay. Special units will be provided from the 12th year onwards until maturity.

Details on the iMaximize plan are found here.