Money Back Plan
It is always delightful to get back what you give and even more delightful to get something extra.
At AEGON Religare Life Insurance, we understand this.
Which is why, we bring you the AEGON Religare Money Back Plan.
This plan covers you for 10 years by paying premium for only 5 years. What’s more, it
also gives you 10% of Sum Assured in the 6th policy year and 15% of the Sum Assured in the 8th
policy year in addition your maturity benefits.
Features & Benefits:
Money Back -
At the end of the 6th Policy Year, you will receive 10% of sum assured or paid up sum assured and at the
end of 8th Policy Year, you
will receive 15% of sum assured or paid-up sum assured.
Maturity - At the end of the policy term, you get atleast 100% of the sum assured.
In case of paid-up policies, 100% of the paid-up sum assured is paid.
Death - In case of your unfortunate demise, the nominee
receives the sum assured or paid-up sum assured irrespective of the payouts already made and the plan cease to exist.
Paid-Up Policy - Incase you fail to pay your premiums after 3 years, the
policy still continues with the paid-up sum assured.
The paid-up sum assured will be calculated as below:
(Number of years premiums received / Total number of years premium payable) x Sum Assured.
Surrender - The policy will acquire surrender value on payment of 3 full years’ premiums. You have the option to surrender the policy anytime after payment of 3 years premium. The Surrender Value is calculated as Surrender value factor x sum assured and is payable after 3 policy years.
Tax Benefits - Tax benefits are available as per the prevailing tax laws.
Please consult your tax advisor for confirmation.
Rider - You have the option to customize your policy by adding AEGON Religare ADDD Rider.
Please read the rider brochure to know the rider in detail.
For
Details
Read
product brochure
Call
1800 209 9090
sms
“MBACK” to 56677
