Aegon iTerm Plus Insurance plans

Aegon Life Premier Endowment Insurance

In the event that you are searching for an insurance plan which will give an additional lift to your investment funds, this arrangement is for you. Aegon Life's Premier Endowment Protection Plan gives you 5% ensured increments on Sum Assured during the Premium Payment Term. Additionally, you get a potential gain in the execution of the asset through the standard reward include.
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Aegon Premier Endowment Insurance overview

  • Benefits
  • Eligibility

Benefits of Aegon Premier Endowment Insurance

  • On death of the policyholder, Sum Assured on death + accrued Guaranteed Additions + vested Bonuses are paid to the policyholder subject to a minimum of 105% of all premiums paid
  • SA on death for restricted and normal compensation plans is higher of multiple times the yearly premium paid or SA picked. If there should arise an occurrence of Single Pay plans, higher of 1.25 occasions the premium or SA if age is under 45 years or higher of 1.10 occasions the premium or SA if age is more noteworthy than equivalent to 45 years is paid
  • On Maturity, 100% of the SA + accumulated Guaranteed Additions + Accrued vested rewards + Terminal Bonus, if any is paid
  • Personal tax reduction on the premium paid according to Section 80C and on the cases got according to Section 10(10D) of the Income Tax Act.

Eligibility of Aegon Premier Endowment Insurance

Eligibility Criteria
Entry Age Minimum – 18 Years
Maximum - 55 years
Maximum Annualised Premium No limit, subject to underwriting
Premium Payment Mode Single Premium, Annual, Semi annual and monthly*
Minimum Sum Assured Depends on the minimum premium

Brochure

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Policy wordings

Review Premier Endowment Insurance Plan Premium policy wordings which explains the terms and conditions.

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