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Aegon Religare iTerm Plan

Plan Name Aegon Religare  i-Term Plan

  • Key Features

    • It is a pure Term Insurance Policy with Death Benefit only
    • It is the cheapest term insurance plan in the Indian market with a high non-medical limit
    • It can be purchased online with credit card or net banking without any agent intervention
    • No medicals up to Sum Assured of Rs 30 lakhs (if age 35 years)
    • What’s Unique in this Policy?

      • It is the CHEAPEST Pure Term Insurance Plan in the Indian Insurance space.
      • It can be purchased online with credit card/ net banking without going through any agent or broker.
      • No medicals up to Sum Assured of Rs. 30 lakhs (till entry age 35 years), up to Sum Assured of Rs. 20 lakhs (36 to 45 years of entry age) and up to Sum Assured of Rs. 10 lakhs (if entry age is between 46 to 50 years)
    • Whom does this policy suit most and why?

      • This policy is meant for people who wish to secure their family’s future with a pure protection plan which has low and affordable premiums.
  • Eligibility Conditions

      Minimum Maximum
    Sum Assured (In Rs.) 10,00,000 5,00,00,000
    Entry Age (In Years) 18 60
    Maximum Age at Maturity (In Years) 65
    Term (In Years) 2 25
    Premium Paying Options Yearly
  • Plan Details

    Loan Facility against Policy -
    Flexibility in coverage -
    Surrender value -
    Revival of lapsed policy -
    Reduced paid up value -
    Premium Discounts -
  • Benefits

      Death benefit Sum Assured
      Maturity benefit -
      Tax Benefits Under Section 80C
      Grace period for paying Premium 30 days from due date
      Free Look Period 15 days from date of receipt of policy
  • Riders (Extra Premium Charged)

    Waiver of Premium -
    Accidental Death Benefit -
    Accidental Permanent Disability -
    Critical Illness Benefit -
    Family Income Benefit -
    Hospital Cash Benefit -
    Accelerated Sum Assured -
  • Exclusions

    Suicide Not covered within 1 year of policy commencement/re-instatement date
    War -
    Criminal Offence -
    Aviation -
    Hazardous Sports -
    Drugs and Alcohol Abuse -
    HIV and AIDS -

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