Wealth Protection Plans
A plan that ensures, you never miss an opportunity to maximise the gains and shields it during down turn. AEGON Religare Wealth Protect Plan guarantees that the returns will not dip below 80% of highest NAV during the policy term.
Key Features
NAV Protector Fund - The NAV Protector Fund aims to maximise gains from your investments and at the same
time protect such gains from eroding. The premiums allocated to the NAV Protector Fund
will be invested in a mix of equity and money market instruments. The proportion of
equity will be dynamically managed according to a predefined rule.
Reset Days
- Every Friday will be the reset day for the AEGON Religare
Wealth Protect Plan.
Special NAV
- Special NAV is 80% (Eighty percent) of the highest NAV declared on any reset day. Refer
to the Terms & Conditions to understand how a special NAV is calculated for Regular
Premium and Top-Up Premium.
Special fund value - Special Fund Value is calculated as, higher of the NAV as on date or the
Special NAV multiplied by the number of units in your unit account i.e.
(Higher of NAV as on date or Special NAV) x Number of Units.
For example, the NAV is at its highest 40.12 in policy year 7 as per the
graph above. On the date of maturity, even if the NAV is below the
Special NAV, you are assured of receiving your Special Fund Value at
an NAV of 32.10 which is 80% of the NAV in year 7.
Key Benefits
On Maturity -
On maturity, you receive the Special Fund Value (as explained above)
as on maturity date plus Special Addition.
Partial withdrawal - You can partly withdraw your money after the first 3 policy years. The
minimum amount of partial withdrawal is Rs. 5,000 and the maximum
amount of partial withdrawal allowed in any policy year is 20% of the
fund value at the beginning of that policy year.
Surrender - You can surrender the policy any time after the first 3 policy years.
Surrender Value is Special Fund Value minus the surrender charges.
Death
- In case of your unfortunate demise during the policy term, your
nominee will receive the Sum Assured or the Special Fund Value,
whichever is higher. For further details, refer to Terms and Conditions.
For
Details
Read
product brochure
Call
1800 209 9090
sms
“WEALTHPROTECT” to 56677
