The AEGON Religare Invest Maximiser Plan helps in increasing the investment with low premium allocation charges. Along with maximizing the wealth this plan also provides necessary protection to the policy holder. The ULIP options are also available with this plan.
A certain amount of premium is appropriated towards the charges from the received premium. The allocation charge is only 5% at the 1st year and 2% from the 2nd to the 4th year. From the 5th year onwards the charges are 0.
'''The key features of AEGON Religare Invest Maximiser Plan are as follows:'''
* The facility of premium re direction is available under this policy. This facility allows the policy holder to alter the premium allocations which are to be applied for future premiums. This also includes the top ups.
* Under this policy a top up premium is an additional amount of premium above and over the contract basic premium with minimum amount of Rs 5000/-.
* This policy gives the policy holder to switch the investments from one fund to another. In each policy year 12 switches are allowed free of cost. The customer just needs to provide the company with the amount or the percentage of the fund he or she is willing to switch.
* The policy also gives the facility to increase the premiums. The policy allows to the premium to certain conditions.
'''The benefits of AEGON Religare Invest Maximiser Plan are as follows:'''
* On the maturity of the policy the policy holder will get the maturity proceeds in installments over a period as chosen by the policy holder but not more than 5 years.
* The investment risk during the settlement period will have to be borne by the policy holder.
* In case of the unfortunate death of the policy holder the nominee will receive the fund value or the sum assured whichever is higher and then the contract will be terminated.
* The policy holder can surrender the policy after the first 3 years of the policy. No charges will be applicable after 4 policy years.