Aegon iTerm Plus Insurance plans

Aegon Life Guaranteed Income Advantage Insurance

In today’s life, very few things come with guarantees. Life can be uncertain but your financial planning need not be.At Aegon Life Insurance we understand this and hence present you with the Aegon Guaranteed Income Advantage Plan.A life insurance plan which assures you of a guaranteed income till you attain the age of 85. Here is a chance to make a guaranteed financial decision.
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Aegon Guaranteed Income Advantage Insurance overview

  • Key Advantages
  • Eligibility

Key Advantages of Aegon Guaranteed Income Advantage Insurance

  • 7.5% of the Sum Assured as chosen at inception will be paid to you every year till the Life Assured attains the age of 85.This benefit will be paid on every policy anniversary starting one year after the end of premium payment term
  • Life Assured is covered till 85 years of age.
  • Choice of two premium paying terms
  • Simple reversionary bonus will accrue at the end of policy every year
  • • Bonus accrued till the end of premium payment term ispaid at the end of premium payment term
  • Tax benefits as per prevailing tax laws

Eligibility of Aegon Guaranteed Income Advantage Insurance

Eligibility Criteria
Entry Age Minimum – 20 years last birthday
Maximum - 55 years last birthday for premium payment term of 15 years
50 years last birthday for premium payment term of 20 years
Maturity Age 85 years last birthday
Sum Assured Minimum Rs. 100,000
Policy Term The policy term is fixed at 85 years less age at entry of the life assured subject to minimum policy term of 30 years
Premium Payment Term (PPT) 15 / 20 years
Premium Payment Mode* early, Half Yearly & Monthly

Brochure

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Policy wordings

Review Guaranteed Income Advantage Insurance Plan Premium policy wordings which explains the terms and conditions.

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CIN: U66000KA2018PTC117713 | IRDAI Web aggregator License Code Number: IRDAI / INT / WBA /53/ 2018, Valid till 07/08/2022