*Please select your date of birth.
*Please enter your annual income.
*Please enter your name
*Please enter your correct Email ID.
*Please enter your correct mobile number.
*Please select your mailing city.
By submitting my contact details I authorize Aegon Life Insurance Co. Ltd. to Call or SMS me with reference to this enquiry. This overrides the DND registration.
In case of death of the Life Assured, iIncome replaces the income right from the next month and continues throughout your earning years or for a period of 60 Months, whichever is later.
In case of death of the life assured, a lump-sum benefit of 12 times of your monthly income as per the Benefit schedule will be paid to the nominee
The Monthly Income benefit increases by 5% p.a. on every policy anniversary and will be as per the Benefit Schedule.
In case of partial or permanent disability due to accident or sickness, you will get a disability benefit from the next monthly policy anniversary up to the date of maturity or for a period of 60 Months, whichever is later. The Monthly Income for Disability Benefit will increase by 5% p.a. on every Policy Anniversary (Upto maximum of r50,000 ) and will be as per the Benefit Schedule.
In case of Partial and Permanent Disability due to Accident or sickness, all future premiums will be waived off.
On being diagnosed with any of the 4 Critical Illness (Cancer, Open Chest CABG, Heart Attack and Stroke), future premiums payable under the plan and riders (if any) are waived off while the life cover and the other rider cover continues.
An income replacement plan is primarily a term insurance plan under which, in case of death of the life assured, your income for which you have applied for insurance will be paid to the nominee for the specified amount of years.
All the monthly payouts will be on the basis of benefit schedule, which will depend on the monthly income applied for at the time of purchasing the policy.
Yes, the policy can be taken by a businessman.
Yes, you can nominate multiple nominees to your policy.
The policy does not offer any benefit of return of premium under any scenario.
No maturity benefit is payable under this plan.
The premium payment term is fixed under this plan and is equal to policy term.
The payout are not taxable, please consult your tax advisor for any update in tax laws.
The monthly Income Benefit will commence from the next monthly policy anniversary up to the end of the Policy Term or for a period of 60 months, whichever is later.
Please contact our customer care toll free number- 1800-209-9090 (Mon–Sat, 9:00 am to 7:00 pm) or you can send an e-mail on firstname.lastname@example.org with respect to the change.
The plan does not offer any surrender benefit.
All future premiums will be waived and the Monthly Income for Disability Benefit will commence from the next Monthly Policy Anniversary up to the Date of Maturity or for a period of 60 months, whichever is later.
The plan covers Partial and Permanent Disability due to Accident or Sickness.
You can apply for reinstatement of the lapsed policy within two years from the due date of the first unpaid premium (“Reinstatement Period”). In case of reinstatement, you will need to pay all unpaid premium plus interest.
Policy loan is not available under this plan
In case the premiums are not paid within the Grace Period, the policy will lapse and no benefits will be payable.
The premium payment term is equal to policy term.
The policy term is fixed under this plan and is equal to 60 minus age at which you purchase the policy.
In case if you do not die during the policy term, no benefit is payable.
Once the policy is issued, Premium will remain the same for the entire tenure of the policy. This is subject to service tax regulations as declared by the Government of India.
The nominee will receive an immediate lump sum payment plus regular monthly income.
A nominee is a person who is eligible to receive the coverage amount from insurance policy in the event of death of the applicant.
Aegon Life pays for the medical exam to the medical service provider. There is no cost to you.
Nominee can intimate directly to the company’s registered address or any branch offices in writing or log onto www.aegonlife.com to make online claim intimation.
You can submit the past medical reports however post reviewing the same we will confirm whether we can consider the same or not.
Minimum: 25 Years ( Last Birthday)
Maximum: 50 years (Last Birthday)
Maximum: 60 years (last birthday)
Policy Term is fixed in this plan and is: 60 Minus Age at Entry (Last Birthday)
Premium payment term is equal to Policy Term
Initial Monthly Income is the Monthly income chosen by the life assured at inception of the policy
Minimum Monthly Income : r30,000
Maximum Monthly Income : No Limit
Annual, Semi-annual1, and Monthly2
Premium payment term is equal to Policy Term
(1. Semi-annual Premium = Annual Premium x 0.512;
2. Monthly Premium = Annual Premium x 0.087)
*The above premium is for a 30 year old, non-smoker male for a Policy Term & Premium Payment Term of 30 years respectively.
#If death occurs in the first month of the 3rd year of the policy, Rs. 9.92 Lakhs is given as a Lump-sum Benefit and Monthly Payouts for the outstanding Policy Term duration adds up to Rs. 5.78 Crores