We will call you back.
Just share your number for a call back in less than 15 minutes
You have always given the best to your loved ones. Life is unpredictable and uncertain, it is important to plan about the future of your loved ones in your loved ones in your absence. To deal with your concern Aegon life brings Easy Protect insurance plan which is a pure term plan to safeguard your family in your absence.
In case of death of the life assured Rs 10,000 will be paid monthly for a term of 10 years , starting from the next policy monthly anniversary after death and claim acceptance. Nominee also has the option to take the present value of the future payouts. The interest rates calculated for deriving at the present value will be decided by the company from time to time.
It is a pure protection plan and no maturity benefits are payable, if the life insured survives till end of the policy term.
There is no surrender value payable under this policy.
|Age (as on last birthday)||20 Years||50 Years|
|Age at Maturity||-||60 Years|
|Policy Tenure||10 Years (fixed)||-|
|Premium Paying Term||Same As Policy Term||-|
|Premium Paying Mode||Annually||-|
|Premium Amount||Rs 2,021||-|
|Sum Assured||12 Lacs (sum Of All Payouts)||-|
|Freelook Period||15 Days/30 Days (for Distance Marketing Channel) From The Receipt Of The Policy||-|
|Grace Period||30 Days||-|
No rider/s can be attached to this plan.
Let us understand this with the example of Mr. Mahesh
Plan Details of Mr. Mahesh
Age: 35 years
Plan Opted: Aegon Life Easy Protect insurance plan
Policy Term: 10 years
Premium Payment Term: 10 years
Annualized Premium: Rs 2714 (exclusive of service tax)
In case of unfortunate demise of Mr. Mahesh, Rs 10,000 each month for 10 years is payable. So, total payout is Rs.12,00,000.
Aegon Life Easy Protect insurance plan is eligible for Tax benefits as stated:
(Subject to the provision stated therein.)