Aegon Life Term Insurance Plans

Aegon Life Term Insurance Plans

Aegon Life Insurance is one of the leading insurer providers in the country with an aim to provide stress-free lives to every individual.

The term plan offered by Aegon Life Insurance is designed for every earning member of a family. It provides comprehensive life coverage at an affordable price. Along with the base sum assured, the plan offers additional coverage for accidental death, critical illness, terminal illness up to the age of 80 years and more through various riders and also covers COVID-19 death claims.

Benefits of buying Aegon Life Insurance Term Plan

• Aegon Life Insurance term plan offers a guaranteed sum assured in case of the insured’s death.
• It offers the flexibility to enhance the base coverage through various riders like Critical Illness Cover and Accidental Death Cover.
• The premiums are fixed throughout the policy term and never increase.
• The insurer also offers 1 crore and higher life cover.
• The term plan offers flexibility to choose from various premium payment modes and staggered payout options.
• It has a quick and hassle-free claim settlement process.
• Aegon’s life insurance policies offer tax benefits under Section 80C and 10(10D) of the Income Tax Act, 1961 for premiums paid.
• The plan can be bought digitally without any paperwork.
• iTerm Insurance Plan comes with 3 different plan options catering to every individual’s different needs
• The Dual Protect option of the Aegon Life iTerm Insurance plan offers a return of sum assured after retirement.
• It provides the option to increase or decrease the sum assured, suiting your various life goals.

Term Plan offered by Aegon Life Insurance Term Plan

• iTerm Insurance Plan

Aegon Life iTerm Insurance Plan: Aegon Life Insurance’s term plan offers complete protection until the age of 100 years. It gives 3 different plan options – Life Protect, Protect Plus, and Dual Protect to match the various requirements in a person’s life. Aegon Life iTerm Insurance Plan is an ideal cost-effective way to provide comprehensive financial security to one’s family in their absence.