*Please select your smoking status.
*Please select your date of birth.
*Please select spouse's date of birth.
*Please enter your annual income.
*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.
iSpouse is a term insurance plan where both husband and wife are insured under one plan and upon death of either of the partners during the policy term, the Sum Assured and the Income Benefits are paid to the Survivor.
Upon death of either of the partners during the policy term, the surviving life gets 205% of the Sum Assured (100% of Sum Assured immediately + Monthly Income Benefit of 1.75% of Sum Assured for next 60 Months)
In case of accidental death of either of the lives, additional 50% of Sum Assured will be paid out immediately on death.
On diagnosis of terminal illness on any of the lives, an amount equal to 25% of the base Sum Assured will be paid out. Thereafter, the policyholder will not be liable to pay any future premiums.
If either of the lives get diagnosed with any of the 4 critical illnesses (Cancer, Coronary Artery Bypass Surgery, Heart Attack, Stroke) future premiums payable under the base plan are waived while the life cover continues.
Joint life cover means a single coverage plan for Husband and wife.
The correct insurance amount for any individual will be his/her Human Life Value i.e. his earning capacity for his/her working life.
A nominee is a person who is eligible to receive the coverage amount from insurance policy in the event of death of the applicant.
In the event of death of the either of the lives, the surviving life or nominee will receive an immediate lump sum payment of amount equal to 100% of Sum Assured plus regular monthly income of 1.75% of SA for next 5 Years.
Yes, iSpouse Insurance Plan can be taken only by married lives.
Yes, both the partners should be earning.
In case of divorce, the plan benefits will continue, subject to payment of premium.
The plan offers Aegon Life WoP on CI Joint Life Rider and both the lives are covered under this rider.
The premium payer will be the proposer under this plan.
In case you are a frequent traveler to foreign locations, you need to just disclose the same in the form with respect to the ‘travel question'. You do not need to inform the company of your travel abroad unless you have already got an offer or work permit and are in the process of migrating while applying for the policy.
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.
Once the policy is issued changes related to the Policy Term or Sum Assured cannot be processed. You can re-apply for a fresh policy with the desired term or Sum Assured.
The rider can be added anytime during the Policy Term and the rider can be detached from the next premium due date after the request has been made. Addition of riders will be subject to underwriting requirements. Please contact our customer care toll free number- 1800-209-9090 (Mon–Sat, 9:00 am to 7:00 pm) for more details.
On diagnosis of terminal illness on any of the lives, an amount equal to 25% of the Sum Assured will be paid to the policyholder subject to maximum of Rs.1Crore
No extra premium is required for Terminal Illness Benefit.
You are not liable to payback any benefits or premium to the insurer. You plan benefits remain continue till the end of policy term.
The premium payment term is equal to policy term.
The plan does not offer any surrender benefit.
In case the premiums are not paid within the Grace period, the policy will lapse and no benefits are payable.
Policy loan is not available under this plan
Change in Sum Assured is not allowed in the plan, however you can buy a fresh insurance policy to fulfill your coverage needs.
The policyholder 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, the policyholder will need to pay all unpaid premium plus interest.
The plan can be taken under Annual or Monthly mode.
No, the premium payment term is equal to policy term in this plan.
Yes, you can nominate multiple nominees to your policy.
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: 21 years last birthday
(both lives should be at least 21 years last birthday);
Maximum: 60 years last birthday
(Higher of the age of male and female life cannot be greater than 60 years last birthday)
Minimum - r25,00,000
Maximum – No Limit
Maximum: 65 years last birthday for both lives
Minimum: 5 years;
Maximum: 65 minus higher of the entry age of Husband and Wife
Equal to Policy Term
Annual and Monthly 1
(Monthly Premium = Annual Premium x 0.087)
*The above premium is for a 33 year old healthy male and a 28 year old healthy female, both non-smokers for a Policy Term & Premium Payment Term of 20 years for a Life Cover of Rs. 1 Crore.
# Rs. 2.05 Crore = Rs.1 Crore Lump sum Benefit + Rs.1,75,000 every month for next sixty months.