Why buy this Plan?
In today’s life, very fewthings come with guarantees. Life can be uncertain but your financial planning need not be. At AEGON Religare Life Insurancewe understand this and hence present you with the AEGON Religare Guaranteed Income Plus Insurance Plan. A life insurance plan which assures you a guaranteed income of 7.5% of Sum Assured till you attain the age of 85. Here is a chance to make a guaranteed financial decision.
Benefits
•7.5% of the Sum Assured will be paid to you every year till you attain the age of 85. This benefit is paid on every policy anniversary starting one year after the end of Premium Payment Term.
•Life Cover till 85 years. Sum Assured paid to nominee in case of death
•Tax benefits as per prevailing tax laws.
Now that you have understood this plan, here is how you can buy
•Step 1:Choose the the Premium Payment Term
•Step 2: Our Life Advisor will help you fill in the application form.
•Step 3: A cheque will have to be drawn in favour of AEGON Religare Life Insurance Co. Ltd.
•Step 4: Expect a verification call from AEGON Religare call centre on issuance of the policy amount of protection and
Eligibility
* The modal factor for modes other than yearly mode will be: half yearly Premium – yearly Premium x 0.512; Monthly Premium – yearly Premium x 0.087.
#The age at entry criteria is for the life to be assured. Some of the circumstances when the life assured and policy holder may be different are as below:
•Husband proposes the policy in the name of his spouse and vice versa.
•Parent proposing the policy in the name of the child. Where child is minimum 20 years of age and vice versa.
There may be other circumstances wherein the policy holder and the life assured are different. The company will follow the principle of insurable interest in this regard.
