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• AEGON Jeevan Riddhi Saving Insurance Plan

AEGON Jeevan Riddhi Saving Insurance Plan

AEGON Jeevan Riddhi Saving Insurance Plan and Policy - It is a Non-Linked Participating Endowment Life Insurance Plan. If you are looking for a savings plus protection plan which will give an extra boost to your savings, this plan is for you. Aegon Life’s Jeevan Riddhi Insurance Plan gives you 5% guaranteed additions on Sum Assured during the premium payment term. Moreover, your family is covered for any unfortunate event and you also get a share in the performance of the product through the regular bonus.

Key Features - AEGON Jeevan Riddhi Saving Insurance Plan and Policy:

• Increase in benefit amount every year by bonus accrual, if any
• Loan available for meeting unplanned financial requirements
• Inbuilt Accidental Death benefit equal to 50% of Sum Assured
• Option of premium waiver upon Disability

Eligibility Details - AEGON Jeevan Riddhi Saving Insurance Plan and Policy:

Benefits - AEGON Jeevan Riddhi Saving Insurance Plan and Policy:

Maturity Benefit

• On Survival till the end of the Policy Term and provided all due Premiums have been paid, the following amounts will be paid
  1) Sum Assured, plus 
  2) Accrued Guaranteed Additions, plus 
  3) Accrued Reversionary Bonus (if any),
  4) Terminal Bonus, if any 
  

Death Benefit

• In case of unfortunate demise of the Life Assured during the Policy Term, provided all due Premiums have been paid, the nominee will receive the following
  1) Sum Assured on Death, plus
  2) Accrued Guaranteed Additions, plus 
  3) Accrued Reversionary Bonus (if any), plus 
  4) Terminal Bonus, (if any). 
  

The total death benefit payable will be subject to a minimum of 105% of the premiums paid till death.

Tax benefit

• The Premium(s) paid by you are eligible for tax benefit available under the provisions of Section(s) 80C, 80 CCC (1), 80D, 10(10D) as applicable.

Exclusion - AEGON Jeevan Riddhi Saving Insurance Plan and Policy

Suicide Benefit

• In case of death of the Life Assured due to suicide within 12 months from the date of commencement of risk or from the date of revival of the policy, the nominee or beneficiary shall be entitled to the Fund Value, as available on the date of death. Any charges recovered subsequent to the date of death of the Life Assured shall be paid-back to the nominee or beneficiary along with the death benefit.