The insurance sector witnessed the launch of three products across the life and health space, all promising ‘innovative’ features. Aegon Life Insurance revamped its flagship term plan—iTerm—to offer a monthly income option to the life assured after the age of 60. ICICI Prudential Life has launched Precious Life, a pure risk term policy that extends cover to those with ‘adverse’ medical history who were denied cover earlier. Max Bupa has rolled out Health Premia, a product that conforms to the ne ..