AEGON Religare Educare Plus Plan

Premium needs to be paid for 4 years less than Policy Tenure

Bonus will only accrue if the first three years premiums have been paid but the policy participates in the Bonus from first policy year itself.

200% of the Sum Assured + accrued Bonuses is paid to the nominee as Death Benefit if the Life Insured dies within the policy tenure and the policy continues to pay Guaranteed Payouts

This policy offers guaranteed Payouts in the last 4 policy anniversaries:

• • 40% in the 4^th last policy anniversary
  • 20% in the 3^rd last and 2^nd last policy anniversary, and
  • The remaining 20% of the Sum Assured + accrued Bonus is paid as Maturity Benefit when the Policy Matures

There is additional Accidental Death, Disability and Dismemberment Benefit rider available

This policy offers High Sum Assured Discount

• Capital Sum Assured(i.e. 200% of the Sum Assured) +
• Accrued Bonuses
• Guaranteed Payouts as per schedule

After the end of the Premium Payment Term, the Guaranteed Payouts start:

At the end of the Policy Tenure, the remaining 20% of the Sum Assured along with accrued Bonus is paid as Maturity Benefit and the policy terminates.

Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C and the Maturity proceeds are tax free under section 10(10)D subject to fulfilment of terms and conditions.