Aegonlife.com – The Aegon Life iTerm Insurance Plan is the 1st online term insurance plan, which is now accessible with some advanced and new features. The new version Aegon Religare iTerm Insurance Plan offers policy up to 75 years and in built fatal illness cover. This online term insurance plan is now comes for 3 rider choices such as women critical sickness, waiver of the premium and accidental death benefits.
Aegon Religare Iterm Insurance Plan – Aegonlife.com
On the other hand, the Aegon Life iTerm Insurance Plan offers full protection for your family from the financial shortage. This online term insurance plan is the great benefits with low premium term insurance plan. If you can use this term insurance plan you can get huge benefits.
Of course, the hassle free paper work helps to get the Aegon Life iTerm Insurance Plan within few hours. Here, the benefits, features and eligibility criteria of this plan is clearly given below that will help to know clear details about Aegon Life iTerm Insurance Plan
Eligibility Criteria Of Aegon Life iTerm Insurance Plan:
- Policy Term: Minimum years for policy term are 5 years and maximum 57 years.
- Premium Payment Term: The premium payment term for maximum and minimum both are equal to the policy term.
- Entry Age At Minimum: the minimum entry age to get this online term insurance policy is 18 years
- Entry Age At Maximum: the maximum entry age to get this online term insurance policy is 65 years
- Age At Maturity: the maturity age of policy is 75 years.
- Regular Premium: the regular premium amount is Rs. 1, 675
- Single Premium: the single premium amount is Rs. 7, 075
Excellent Features Of Aegon Life iTerm Insurance Plan:
- Sum Assured: the minimum sum assured for the policy holder is Rs. 10, 00,000 and there is no limit for maximum sum.
- The Pure online Term insurance plan amid inbuilt fatal illness cover
- Rider Options: there are 3 rider options are available for this type of the online term insurance plan like
- Accidental death benefits
- Waiver of the premium
- Women critical sickness
- Long Term Policy: the long term policy is available up to the policy holder age of 75 years.
- Online Process: the Aegon Religare’s iTerm Plan is completely for the online process.
- Payment Modes: There are two payment modes they are single payment mode and yearly payment mode.
Benefits Of Aegon Life iTerm Insurance Plan:
- Death Benefits: In case, the policy holder will be died the assured sum of the policyholder will be provided to the insurer family member or the guarantor.
- Diagnosis Of Fatal Illness: If the insurer is diagnosed with any kind of the fatal illness, the 25% of the sum amount is provided. This amount will be reducing for the accidental death benefits. There is no other type of the fatal premium will be charged for the policy holder.
- Maturity Benefit: there is no maturity benefit.
- Income Tax Benefit: The tax benefits will be paid up to 1, 00, and 000 under the section 80C.
Claim Settlement Ratio of Aegon Religare iTerm Insurance Plan
As per the last data submited by IRDA, claim settlement ratio of Aegon Religare iTerm Insurance is 89.78% and benefit amount claim ratio is 85.93%.
Download brochure of Aegon Religare iTerm Insurance Plan