AEGON iIncome Term Insurance Plan, Policy, Premium and Maturity Calculator - As a responsible individual, you want to provide your family with the best of things. However, ever wondered what will be the fate of your family in the event of your unfortunate death? Life is unpredictable and there are no free lunches in the world. You should, therefore, plan ahead and ensure that your family’s future financial security is not in jeopardy in your absence. One of the ways to provide protection to your family is by opting for AEGON Life iIncome Term Insurance Plan.
This plan is most suitable for those who want to provide not only a lump sum but also a regular income in the event of their death. This plan provides cover against disabilities and factors in the rising cost of living as well. Customers can also avoid tedious paperwork by opting for this online plan.
AEGON Life iIncome Insurance Plan is a non-linked, non-participating term insurance plan. Customers should first choose the monthly income they want to provide their family, following which, the period gets selected automatically. Customers can acquire this plan by making an online payment using their debit/credit card or via their internet banking account. AEGON Life will subsequently make a verification call after payment. The policy will be issued in 10 to 14 working days.
Minimum |
Maximum |
|
Entry Age |
18 years |
65 years |
Maturity Age |
- |
75 years |
Policy Term |
5 years |
40 years or up to age 75 years |
Sum Assured |
10 lakhs |
No limit |
Premium |
Regular Premium – Rs.1675 Single Premium - 7075 |
Depends on the cover chosen, age, term, etc. |
Premium Payment Term |
Single Pay or equal to the policy term |
|
Premium Payment Frequency |
Single Pay or Yearly |
The benefits of the plan are as follows: