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The Maturity benefit is paid yearly, at 135% of the annual premium from 6 to 11 years, after the policy term. In case the policyholder is deceased, the Sum Assured paid is at least 105% of the premiums paid till death. The plan provides income tax benefits to the insurance holders. Under section 80C of the Income Tax Act, the premiums paid are exempt from tax deduction and the claim received are also made free from taxes as per section 10(10D) of the Income Tax Act.

1. What is the claim process of AEGON Life iGuarantee Insurance Plan? The claim process of AEGON Life iGuarantee Insurance Plan is very simple and easy. Just inform the insurance company about the death, and submit the filled up claims form along with the required documents. If the claim is valid, the company immediately pays out the sum assured to the beneficiary. 2. What is the process to apply for a duplicate policy document? In order to apply for a duplicate policy document, a duly signed requisition letter or endorsement form, along with a guaranteed bond on Rs.200/- stamp paper, should be submitted to the insurance company. 3. How can you change the nominee of the policy? The process to change the nominee of the policy is very simple and hassle-free. The insured just needs to call the toll-free number, submit an endorsement form, and inform the company that he/she wants to change the beneficiary of the policy. 4. How can you check the claim status? The insured can check the claim status simply by emailing or calling the company. 5. Can the sum assured in AEGON Life iGuarantee Insurance Plan be increased? By simply submitting a duly signed request, the insured can increase the sum assured. 6. What are the key features of Aegon Life iGuarantee Insurance Plan? The key features of Aegon Life iGuarantee Insurance plan are: This is a non-participating traditional plan. It offers the option of regular premium payment. This is an online plan with staggered maturity benefit payment 7. What is the free look period of the policy? The policy provides a free look period of 15 days from its inception date. During this period, the insured can cancel the plan if he/she is dissatisfied with the terms and conditions of the policy. 8. What are the documents required while filling the application form? The insurance buyers have to submit the accurate medical history along with address proof and Know Your Customer (KYC) documents while filling up the application form. 9. What is the grace period provided by the policy? The policy provides a grace period of 30 days for the payment of premium. In case the policyholder fails to pay the due premium during this grace period, then the policy will lapse.

Details about Premium Annual premium in Rupees and Benefits Illustration: Policy DetailsofAegon Life iGuarantee Insurance plan Grace period: The policy provides a grace period of 30 days for the payment of premium. In case the insured fails to make payment of premium during the grace period, the policy lapses. Policy termination or Surrender Benefit: The policy acquires a Surrender Value if two full years premiums have been paid. The surrender value will be greater among the two values i.e. the special surrender value or the guaranteed surrender value. GSV = (GSV% * total premiums paid) Free Look period: If the insured is dissatisfied with the coverage, terms, and conditions of the policy, then the insured can surrender the policy within 15 days of the policy inception date. However, it includes one condition that there should be no claim already made. Inclusions The plan does not offer any loan facility. Exclusions If the insured commits suicide, within 12 months of the policy coming into effect, then only 80% of the premiums paid are returned to the beneficiary. In case of suicide committed within 12 months of policy revival, higher of 80% of the premiums paid or the acquired Surrender Value is paid out.

In order to buy the policy, an application form has to be filled up. The accurate medical history along with address proof and other KYC documents are to be submitted as well. In some cases, medical examination may also be required, depending on the age of the person and the amount of the sum assured. Examples To help you understand how this plan works, we have provided some examples here: Mr. Mukesh is 35 years old and has his own business whereas his wife works in a private firm. They have a son named Rama who is 7 years old. In order to multiply his savings as well as to secure the future of his family financially, in case of his absence, Mr. Mukesh purchases AEGON Life iGuarantee Insurance Plan. The details of of the plan are as follows- The policy tenure is of 6 years. Premium paying tenure is 6 years. Annualized premium is Rs1,00,000 (Exclusive of Service Taxes) Case1- Mr. Mukesh dies a sudden death after two years Premium paid by Mr. Mukesh = Rs1,00,000 X 2 years = Rs2,00,000+ Taxes Sum Assured Paid = Rs1,00,000 Premium Amount X 10 times = Rs.10,00,000 Case2- Mr.Mukesh survives the policy period. Total Payout as maturity benefit = Rs. 8,10,000 i.e. Rs. 1,35,000 for 6 years will be paid to him. You may also like to read: Aegon Life investment Plans

The Maturity benefit is paid yearly, at 135% of the annual premium from 6 to 11 years, after the policy term. In case the policyholder is deceased, the Sum Assured paid is at least 105% of the premiums paid till death. The plan provides income tax benefits to the insurance holders. Under section 80C of the Income Tax Act, the premiums paid are exempt from tax deduction and the claim received are also made free from taxes as per section 10(10D) of the Income Tax Act.

1. What is the claim process of AEGON Life iGuarantee Insurance Plan? The claim process of AEGON Life iGuarantee Insurance Plan is very simple and easy. Just inform the insurance company about the death, and submit the filled up claims form along with the required documents. If the claim is valid, the company immediately pays out the sum assured to the beneficiary. 2. What is the process to apply for a duplicate policy document? In order to apply for a duplicate policy document, a duly signed requisition letter or endorsement form, along with a guaranteed bond on Rs.200/- stamp paper, should be submitted to the insurance company. 3. How can you change the nominee of the policy? The process to change the nominee of the policy is very simple and hassle-free. The insured just needs to call the toll-free number, submit an endorsement form, and inform the company that he/she wants to change the beneficiary of the policy. 4. How can you check the claim status? The insured can check the claim status simply by emailing or calling the company. 5. Can the sum assured in AEGON Life iGuarantee Insurance Plan be increased? By simply submitting a duly signed request, the insured can increase the sum assured. 6. What are the key features of Aegon Life iGuarantee Insurance Plan? The key features of Aegon Life iGuarantee Insurance plan are: This is a non-participating traditional plan. It offers the option of regular premium payment. This is an online plan with staggered maturity benefit payment 7. What is the free look period of the policy? The policy provides a free look period of 15 days from its inception date. During this period, the insured can cancel the plan if he/she is dissatisfied with the terms and conditions of the policy. 8. What are the documents required while filling the application form? The insurance buyers have to submit the accurate medical history along with address proof and Know Your Customer (KYC) documents while filling up the application form. 9. What is the grace period provided by the policy? The policy provides a grace period of 30 days for the payment of premium. In case the policyholder fails to pay the due premium during this grace period, then the policy will lapse.

Details about Premium Annual premium in Rupees and Benefits Illustration: Policy DetailsofAegon Life iGuarantee Insurance plan Grace period: The policy provides a grace period of 30 days for the payment of premium. In case the insured fails to make payment of premium during the grace period, the policy lapses. Policy termination or Surrender Benefit: The policy acquires a Surrender Value if two full years premiums have been paid. The surrender value will be greater among the two values i.e. the special surrender value or the guaranteed surrender value. GSV = (GSV% * total premiums paid) Free Look period: If the insured is dissatisfied with the coverage, terms, and conditions of the policy, then the insured can surrender the policy within 15 days of the policy inception date. However, it includes one condition that there should be no claim already made. Inclusions The plan does not offer any loan facility. Exclusions If the insured commits suicide, within 12 months of the policy coming into effect, then only 80% of the premiums paid are returned to the beneficiary. In case of suicide committed within 12 months of policy revival, higher of 80% of the premiums paid or the acquired Surrender Value is paid out.

Introduction/Overview IGuarantee Insurance Plan Guarantee Insurance is a traditional life insurance plan. It provides the guaranteed maturity benefit along with complete life insurance coverage to ensure a stable financial future. Key Features ofAegon Life iGuarantee Insurance plan It is a non-participating traditional plan. This plan offers the option of regular premium payment. This is an online plan with staggered maturity benefit payment.

Introduction/Overview IGuarantee Insurance Plan Guarantee Insurance is a traditional life insurance plan. It provides the guaranteed maturity benefit along with complete life insurance coverage to ensure a stable financial future. Key Features ofAegon Life iGuarantee Insurance plan It is a non-participating traditional plan. This plan offers the option of regular premium payment. This is an online plan with staggered maturity benefit payment.