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Aegon Life Group Term Insurance Plan provides the members of the group with a life insurance plan so that their families’ needs are looked after.The earning member of the group is the income generator on whom the family is financially dependent. With Aegon’s group term plan, the employees or members of the group can have a safety net for their families at a nominal premium cost.BUY NOW
On the death of any of the members of the policy, the guaranteed sum assured is payable to the family of the deceased.
It is a pure protection plan and no maturity benefits are payable.
The policy does not acquire any surrender value throughout the policy term and therefore there is no amount payable to you upon surrender.
|Age (as on last birthday)||18 Years||59 Years|
|Age at Maturity||-||60 Years|
|Policy Tenure||1 Year (yearly Renewable)||-|
|Premium Paying Term||Same As Policy Term||-|
|Premium Paying Mode||Annually,Semiannually, Quarterly,Monthly(via ECS)||-|
|Sum Assured||Rs 5,000 Per Member||Rs 2 Lakh Per Member|
No rider is available under this plan.