Premium Gain Plus Plan
You’ve always worked hard to give your family nothing but the best. But growing expenses, never-ending price hikes and inflation make most of your plans, difficult. Which is why, it becomes important to invest and set aside that little something for whatever may come your way. The AEGON Religare Premium Gain Plus Plan, is designed keeping just that in mind. It helps maximise your investments and gives you the best possible returns. So that when it comes to your plans for your loved ones, nothing comes in the way.
Features
& Benefits
Special
Addition - Earn Special Addition on maturity, on payment of all your premiums.
The value of Special Addition amount
on maturity (% of first year policy premium) shall be calculated as:
No of years premium paid * Special Addition Rate p.a. * First Year Annualised premium
|
Number
of Years Premium paid
|
Special
Addition Rate p.a.
|
Special
Addition amount on Maturity (% of First Year Policy Premium)
|
|
15
|
16.00%
|
240%
|
|
20
|
16.00%
|
320%
|
|
25
|
16.00%
|
400%
|
No Medical Test
- You do not have to undergo any medical investigation up to sum
assured of Rs.12.5 Lakhs. All you need to do is answer 3 simple
questions.
100% premium is
invested in funds from second policy year onwards
Invest Protect
option - If you opt for Invest Protect option, it will not only
help you gain from your investment but also minimize the risk to your
returns as your policy nears maturity. It aims to protect your money
by systematically shifting the Fund from Enhanced Equity Fund to
Secure Fund during the last 3 policy years.
Fund
options - If you don’t wish to opt for ‘Invest
Protect’, you have the option to invest your premiums in any
one or more of the following 4 funds:
Secure Fund
Debt Fund
Balanced Fund
Enhanced Equity
Fund
Maturity -
On maturity, you receive the fund value existing on maturity date and
the Special Addition.
Settlement
Option - Under this option, you receive your maturity proceeds in
installments over a period you choose (not exceeding 5 years).
Partial
Withdrawal - You can partly withdraw your money after first 3
policy years. The maximum amount of partial withdrawal 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 equal to the fund value less
surrender charges applicable, if any.
There is no surrender charge if the policy is surrendered after 5 policy years.
Death - In
case of your unfortunate demise during the policy term, the nominee
will receive the Sum Assured or the Fund Value, whichever is higher.
In case the life assured has not attained 7 years of age, fund value
is payable. However, if death occurs in the first policy year higher
of annualized premium and fund value is payable.
Tax
Benefits
- Section 80C, 10 (10D) of the Income Tax Act, 1961
would apply. Please consult your tax advisor for confirmation.
For details
Read the
product brochure
Call
(Toll Free) 1800 209 9090
SMS
“Premium Gain” to 56677
