Aegon Life Insurance

Aegon Life Insurance

Aegon Life Insurance Carrier launched its Pan-india Surgeries in July 2008, after a multi-channel saring plan using a concept that will simply help folks program their lifetime simpler. The implementation of the vision relies up on a more comprehensive product package, supplying personalized information along with boosting the total customer encounter. The provider has created that an remarkable customer-centric enterprise while in the insurance policy industry that encourages innovation and excellence. The business has launched a plethora of merchandise which are centered to supplying the customers using the way of fulfilling their longterm financial aims . It features term insurance coverage plan, child program, savings and expenditure ideas, unit-linked insurance plans (ULIPs) in addition to category remedies, which can be designed to fit different desires of your person and their family members.

High-lights

Claim
Settlement Ratio

98.01%

No. of Employees

11,000
+

No. of Customers

(Inclusive of Bank Partnerships)

3 Lakh+

**Last Updated on 05-11-2020

Aegon Life Insurance Coverage

1. Aegon Time Period Insurance Coverage

Aegon Time Period Insurance Coverage really are a Sort of Life insurance policies that gives financial safety towards your family members or dependants in the event of loss of life of the policy holder. The ideas provide improved security into the entire life guaranteed against 3 6 crucial ailments including kidney failure, heart attack and even cancer. These options also aid in choosing other obligations such as homeloan, unsecured bank loan, vehicle finance, etc..

Let us talk about the various Aegon Phrase programs beneath:

i ) Aegon daily life iTerm insurance coverage

Aegon Life iTerm Insurance Policies Plan Is Definitely a On the web, detailed and inexpensive life insurance policy plan that features life policy prior to age 100 decades. The master plan offers flexibility into this entire life guaranteed to choose out of various policy options according to their coverage conditions. The master plan includes with Aegon daily life CI treatment Rider that provides additional pay-out based on identification of any disorder out of the recorded 3 6 critical disorders from the coverage record before 80 decades old. Additionally, it handles COVID-19 departure asserts.

 

Qualification Standards:

Age at
Entry (age as on last birthday)

Minimum:
18 years

Maximum:
65 years

Maturity Age

Minimum:
23 years

Maximum:
100 years

Minimum Sum Assured

Minimum:
Rs. 25 Lakhs

Minimum Policy Term

5/15/20
years

Premium Payment Frequency

Single,
annual, half-yearly and monthly

**Last Updated on 05-11-2020

The worth can change According to the chosen strategy choice

ii ) Aegon daily life iTerm in addition insurance policies Approach

Aegon Life Term Additionally Insurance Coverage will be An on the web, non-linked and also non-participating existence insurance policy policy which presents 4 approach choices to decide on centered on your own requirements. It arrives combined with in-built lump-sum benefit pay-outs during the right time of unintentional loss of life, critical illness, terminal disease or even a regrettable departure of their life guaranteed. The master plan delivers lower high levels for ladies and non smokers. It in addition supplies a Waiver of high quality (WoP) edge in case of long term impairment and significant disease.

 

Qualification Standards:

Age at
Entry (age as on last birthday)

Minimum:
18 years

Maximum:
65 years

Maximum Maturity Age

80
Years

Sum Assured

Minimum:

  • Death
    Benefit – Rs. 25 lakhs
  • Accidental
    Death Benefit – Rs. 50,000
  • Critical
    Illness Benefit – Rs. 5 lakhs



Maximum:
No limit, subject to underwriting

Policy Term

Minimum:
5 years

Maximum:
62 years

Premium Payment Mode

Annual,
semi-annually and monthly

**Last Updated on 05-11-2020

iii) Aegon living Group expression Plus Insurance Policy

Aegon Life Team Phrase Plus Insurance Plan Plan is really a Group option for companies or staff directors to present economic safety to its personnel and category associates. In the event of death of the worker, this coverage would cover the death benefit into this inheritance of this worker.

Qualification Standards:

Age at
Entry (age as on last birthday)

Minimum:
14 years

Maximum:
85 years for Silver & 74 years for Gold & Platinum

Maturity Age

Minimum:
15 years

Maximum:
86 years for Silver & 75 years for Gold & Platinum

Sum Assured

  • Per
    Member

Minimum:
Rs. 5,000

Maximum:
No Limit, subject to underwriting

  • Per
    Policy

Minimum:
Rs. 50,000

Maximum:
No Limit, subject to underwriting

Policy Term

1 Year
Renewable

Premium Payment Mode

Annual,
half-yearly, quarterly and monthly

**Last Updated on 05-11-2020

 iV) Aegon team credit score Shield Insurance Policy

Aegon Team Credit Score Shield Insurance Policies Plan protects The relatives of those secured staff members of the organisation at the eventuality in their regrettable death. The master plan not only supplies the associates of this category having a lifetime insurance policy program however in addition handles their fantastic bank loan amount that their household’s fiscal requirements are cared if the unfortunate function. The master plan is perfect for Workers Deposit Linked Insurance Scheme (EDLI), Employer-Employee classes and Non-Employer-Employee classes that search insurance policy at reasonable rates.

Qualification Standards:

Minimum
Age at Entry (age as on last birthday)

  • Education
    Loan under Benefit Option 1:14 years 
  • Others: 18
    years 

Maximum Maturity Age

  • Benefit
    Option 1: 75 years 
  • Benefit
    Option 2: 65 years

Sum Assured

Rs.5,00,000
per member for Home Loan and Rs.50,000 per member for other types of loans.

Group Size

Minimum:
50

Maximum:
No Limit

Premium Payment Mode

Single,
annual, half-yearly, quarterly and monthly

**Last Updated on 05-11-2020

2. Aegon ULIP Strategies

Aegon Unit-linked Insurance Policy Policies are Intended for market-linked investment decision together side life security policy, by which a region of the top is to get lifetime insurance policy pay and also the remainder of this really is spent in funding markets. The ideas provide various investment finance alternatives such as well balanced finance, equity finance, guaranteed finance and personal debt finance to choose (as stated by the hazard appetite of this policy holder ).

Aegon Delivers the Subsequent ULIP Approaches to its own Clients:

I ) Aegon daily life invest prepare

Aegon invest Prepare Can Be a internet unit-linked Insurance program which gives investment yields along with all the security of Life Insurance into your entire life guaranteed. The coverage aids in assessing investments since it doesn’t subtract any liability charges also can be particularly responsible to spend off the entire finance worth around the maturation length of this coverage. The master plan additionally adds dedication benefits throughout the past five decades of this policy adjuster, leading to a increment on your expense price.

Qualification Standards:

Age at
Entry (age as on last birthday)

Minimum:
7 years

Maximum:
55 years

Maximum Maturity Age

70
Years

Minimum Sum Assured

Age at
entry less than 45 years: Higher of (10 X Annualised Premium) OR (0.5 X
Policy term X Annualised Premium)

Age at
entry of 45 years and above: Higher of (10 X Annualised Premium) OR (0.25 X
Policy term X Annualised Premium)

Policy Term

10 / 15
/ 20 / 25 years

Premium Payment Mode

Annual
and monthly

**Last Updated on 05-11-2020

 ii) Aegon lifestyle foreseeable future Safeguard Insurance Policy

Aegon Life Foreseeable Future Pro Tect Insurance Coverage protects Your family members and dependents with decent life policy to the regrettable departure of the policy. It provides promote profits on expense to the coverage. The coverage stipulates the maturity and death benefits as well as taxation benefits underneath existing tax legislation of India.

Qualification Standards:

Age at
Entry

Minimum:
7 years

Maximum:
50 years

Maximum Age at Maturity

65
years

Premium Payment Frequency

Yearly,
half-yearly, and monthly

Minimum Sum Assured

Age
equal or greater than 45 years: Higher of 7 times of the regular annualized
premium or (0.25 X Policy Term X AP)

Age
less than 45 years: Higher of 10 times of the regular annualized premium or
(0.5 X Policy Term X AP)

Policy Term (years)

15/20/25/30/35

**Last Updated on 05-11-2020

 iii) Aegon daily life Growing Star insurance policies Approach

Aegon Life Rising-star Insurance Coverage guarantees a Guaranteed cost for the child’s education and learning landmarks. This plan of action will be responsible to cover even with the passing of their parent.

Qualification Standards:

Age at
Entry of the Parent (life assured)

Minimum:
18 years

Maximum:
48 years

Maximum Age at Maturity

65
years

Minimum Sum Assured

Age
greater than or equal to 45 years: Higher of 7 times of the regular
annualized premium or (0.25 x Policy Term x Annualised Premium)

Age
less than 45 years: Higher of 10 times of the regular annualized premium or
(0.5 X Policy Term X AP)

Premium Payment Modes

Yearly,
half-yearly and monthly

Policy Term (years)

25
years of less age at entry of the child in completed years

**Last Updated on 05-11-2020

 I V ) Aegon daily life maximize prepare

Aegon maximize Prepare Can Be a internet ULIP cum child Insurance program which gives a composite of market-linked yields within the shape of investment decision together side insurance plan. The master plan also supplies fiscal aid into your child’s demands at several phases (if a regrettable death of this policy-holder ) using the aid of triple gain payout alternative below the strategy. You may increase your finance worth by means of flat-rate premiums inside the coverage. Additionally, it supplies switching, redirection and tight penalties to deal along together with the investment decision risks throughout the coverage duration.

Qualification Standards:

 

BENEFIT
OPTION: 1

BENEFIT
OPTION:2

Age at Entry (age as on last birthday)

Minimum:
7 years

Maximum:
55 years

Minimum:
18 years

Maximum:
50 years

Maximum Maturity Age

70
years

65
Years

Minimum Sum Assured

For
entry age below 45 years –

Higher
of the following:

• 10
times the Annualised Premium

• 0.5 x
Policy Term x Annualised Premium

For
entry age equal to or above 45 years –

Higher
of the following:

• 7
times the Annualised Premium

• 0.25
x Policy Term x Annualised Premium

Policy Term

15 / 20
/ 25 years

Premium Payment Frequency

Annual
and monthly

**Last Updated on 05-11-2020

 3. Aegon Savings and Expenditure Plan

Aegon savings and investment programs provide Numerous positive aspects such as for instance an devotion booster by the close of each policy season, uncomplicated reversionary bonuses along with market-linked yields together side tax rewards to this policy proprietor.

The Aegon savings strategy would be cited here:

I ) Aegon daily life POS – Bonded reunite Insurance Coverage (GRIP)

Aegon POS – Bonded Yield Insurance Policy Program Guarantees triple adulthood gains like the simple Sum Assured (BSA), ensured developments (which can be comparable to 10 percent of BSA) and also 25 percent of BSA (as devotion boosters). It provides insurance coverage as well as savings on yields from investments involving your coverage. A lump sum benefit is paid out into family members in the event there is their demise of their life guaranteed.

Qualification Standards:

Age at
Entry (last birthday)

Minimum:
1 year

Maximum:
50 years

Age at Maturity

Minimum:
18 years

Maximum:
65 years

Premium Payment Mode

Yearly,
Half-Yearly, and Monthly

Premium Payment Term

5/7/9
years

Policy Term

10-20
years

**Last Updated on 05-11-2020

 ii) Aegon lifestyle Frequent money-back Approach

As Its Name suggests, Aegon Daily Life Routine Money-back Insurance program is just a conventional money-back policy, which supplies fully guaranteed pay-outs for ten decades, and also a lifetime coverage pay past the premium repayment duration. This course of action in addition supplies a lifetime saving which ensures that the household’s financial safety.

Qualification Standards:

Age at
Entry (last birthday)

Minimum:
7 days

Maximum:

  •  55
    years (for 7 Pay and 10 Pay options). 
  • 60
    years (for Single Pay option).

Maximum Age at Maturity

75
years (for 7 Pay and 10 Pay options)
80 years (for Single Pay option)

Sum Assured

Will
depend on the age of the Life Assured, Premium Payment Term opted and the
Premium amount

Premium Payment Term

Single
Pay / 7 years/10 years

Policy Term

20
Years

**Last Updated on 05-11-2020

iii) Aegon daily life Jeevan Riddhi prepare

It’s a non-linked engaging endowment life Insurance Policy coverage which Supplies the double advantage of savings in addition to coverage. An fully guaranteed inclusion of 5 percent over the amount guaranteed (within the duration of this superior repayment duration ) supplies improved savings, whereas the economic coverage of one’s family can be also guaranteed in the event of one’s untimely death.

Qualification Standards:

Age at
Entry (last birthday)

Minimum:
18 years last birthday

Maximum:

  • 55
    years last birthday for Limited pay option 
  • 60
    years last birthday for Single Pay option

Maximum Age at Maturity

70
Years

Premium Payment Mode

Single,
Annual, Half-yearly and Monthly

Sum Assured

Will
depend on the age of the Life Assured, Premium

Payment
Term opted and the Annualised Premium amount

Policy Term

For
Limited Pay Policies: 10 years to 20 years

For
Single Pay Policies: 10 years

**Last Updated on 05-11-2020 

Why Purchase Aegon Life Insurance Plans?

Stability & Fulfillment

Aegon life insurance programs really are an Superb Approach to Organize your own life and also implement it at the way in which you prefer. These ideas provide satisfaction along with gratification since picking out an lifetime insurance policy coverage can be a more secure and sound means to safeguard your relatives with all the aid of some great benefits of financial policy in recurrence of their premiums paid out off. The amount guaranteed paid from your entire life insurance policy program is enough to manage the household expenditures.

Aegon Life Insurance: Claim Settlement Process:

1. Claim Intimation 
The claimant/nominee of their life Insurance Plan Should close the insurance in regards to the policy holder’s death/illness. (S)he should submit each of the required documents in the closest Aegon life insurance branch or your mind area. You may instantly search the closest branch out of the organization’s internet site together with the assistance of the branch locator.
 
2. Documents Essential
The Organization Will request some compulsory files Based on assert kind (such as for example standard death, accidental death or terminal disease ) to approach the claim. The plaintiff should submit the records such as policy documents, passing certification exempt by the hospital, and maintain sort, amongst some others.
 
3. Declare Verification
The Company Is Going to Check the claim and also the Documents. On successful confirmation, the assert is going to probably be accepted and also the exact same is going to soon be conveyed into the plaintiff by means of SMS and electronic mail.
 
4. Declare Settlement Pay-out
On accepting the promise, the Organization Will disburse the Total assurance level or finance value along who has any rider advantage (if any) in to the claimant’s bank accounts within several trading times.
 

Aegon Life Insurance: Get Facts

Contact Speech:
Aegon Life Insurance Corporation Limited, Developing No.
Support:
Cellphone: 1800-209-9090 (Toll-free )
E Mail: clientmaintenanceaegonlife.com
 
Identify your closest Aegon Life Insurance branch With the assistance of all ‘Branch Locator’ granted in their official site.