AR iMaximize Insurance Plan
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AEGON Religare iMaximize Insurance Plan

If you are looking to reap investment benefits at optimum costs, this is the plan for you. AEGON Religare iMaximize Insurance Plan aims to maximise your investments. It has no premium allocation charges, thus increasing the availability of more fund for investment. All this without the trouble of going through a cumbersome process - just get yourself insured directly, online!

You should purchase this plan if you:

  • Want to maximise investment, as there is no premium allocation charge
  • Are looking for an investment cum insurance plan that will also help you save tax
  • Want to financially secure your family’s future, come what may

Dr. Mahesh (age 30 years) works with a reputed hospital. His wife is a homemaker and they have a son, Anuj, who is 3 months old. Although Mahesh’s income provides well for their family, he is concerned about the rapid change in the way of life. He is also aware of the rising inflation and spiralling expenses related to education, marriage etc. Moreover, he is cognizant that life is uncertain and that the future of his family needs to be protected. He relies on AEGON Religare’s iMaximize Insurance Plan.

His plan details are as follows:

Death Benefit Option 2, Cover Amount (Base Sum Assured): Rs. 12.5 lakhs, Policy Term: 25 years, Premium Payment Term: 25 years, Premium Payment Mode: Annual, Premium: Rs.1,00, 000/-. Investment Strategy: 100% Blue Chip Equity Fund

Total Benefit: Rs.87 lakhs = Rs.12.50 lakhs cover amount (Sum Assured) + Rs.21 lakhs Income Benefit + Maturity payout as Rs.53.65 lakhs @8% or Rs.29.51 lakhs @4%

Additional saving of Rs.21 lakhs due to Additional Saving Benefit.

In a nutshell, AEGON Religare iMaximize Insurance Plan provides the following benefits:

In case of death during policy period, benefits to nominee:

  • Higher of cover amount (Sum Assured) or 105% of all premiums, paid immediately (basis death benefit option chosen)
  • All future premiums waived off and paid by the Company into the Policy Fund Value, Policy continues (with death benefit option 2)
  • Amount equal to the Annualised Premium will be paid every year to the nominee (with death benefit option 2)
  • On maturity, lump sum amount i.e. the Fund Value will be paid (with death benefit option 2)
  • At the end of the policy period, you will receive a lump sum i.e. the Fund Value existing on the maturity date

Other features

  • Choice of 3 Investment Funds
  • Partial Withdrawal
  • Tax benefits as per prevailing tax laws. (Please consult your tax advisor for details.)

This plan works non stop, come what may. It not only makes provision for your family’s future (by Maturity Benefit) but also ensures that their future remains secured in case of your unfortunate death (Death Benefit + Additional Savings Benefit + Income Benefit) 

Step 1: Calculate your premium on https://buyonline.aegonreligare.com by entering your age, gender, amount of premium you wish to invest, period for which you want to stay invested and the death benefit option.

Step 2: The cover amount (Sum Assured) and returns will be decided basis the above

Step 3: Enter the details requested for and generate a premium quote

Step 4: Pay online using either your debit/credit card or your internet banking account

Step 5: Expect a verification call from AEGON Religare call centre, once you apply for  the policy

Once the payment is made your policy shall be issued within 10-14 working days.

Product Name: AEGON Religare iMaximize Insurance Plan UIN 138L030V03

This illustration is indicative only and should be read in conjunction with the benefit illustration.

The non-guaranteed projected investment returns of 4% and 8% are not guaranteed and are for illustration purpose only.

Total Charges include policy administration charge, base mortality charge, #Additional Savings Benefit charge, #Income Benefit charge and fund management charge. #Additional Savings Benefit charge and #Income Benefit charge applicable only if Death Benefit Option 2 is opted.

If your policy is discontinued any time during the first five policy years, discontinuance value will only be payable after completion of five policy years.

The past performance of any of the unit linked segregated funds is not necessarily an indicative of the future performance of any of these segregated funds.

The mortality charges are subject to underwriting of the proposal, and may increase before the acceptance of the risk.

Service tax, Education cess and any other taxes announced by the government of any other statutory body in future would be levied as per the applicable tax laws.

Unit linked Life Insurance products are different from the traditional insurance products and as such, are subject to risk factors. The premium paid in unit linked life insurance policies are subject to investment risks associated with capital markets and the NAV's of the units may go up or down based on the performance of fund and factors influencing the capital market and the policy holder is responsible for his/ her decisions.

AEGON Religare Life Insurance is only the name of the Insurance Company and AEGON Religare iMaximize Insurance Plan is only the name of the unit linked life insurance contract and it does not in any way indicate the quality of the contract, its future prospects and returns. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns. Please know the associated risks and the applicable charges, from policy document of the insurer.

This is a nonparticipating unit linked plan and we do not offer policy loan in this plan.

Segregated Fund Identification Number (SFIN):

Blue Chip Equity Fund ULIF01511/02/14BLUECHIPEQ0138,

Secure Fund ULIF00505/07/08SF0138,

Debt Fund ULIF00405/07/08DB0138.

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