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AEGON Religare Protect Gain Plan

The AEGON Religare Protect Gain Plan is a life insurance policy which secures the future. If managed in a systematic way life can change for better. This plan helps to secure the future for a better tomorrow.

The eligibility criteria and features of AEGON Religare Protect Gain Plan are as follows:

  • The minimum age of entry for the policy is 90 days.
  • The maximum age of entry for the policy is 60 years.
  • The maximum age available for maturity of the policy is 75 years.
  • The premium paying frequencies of the policy are yearly, half yearly, quarterly and monthly.
  • The available policy term is of 15 / 20 / 25 / 30 / 35 / 40 years.
  • The minimum annualized premium is Rs 15,000 per annum.
  • The premium pre direction feature is available under this policy to alter the allocated premium made by the policy holder in different funds.
  • The special units are added to the account at the end of every 3 years and at the end of the 9th policy year. The value of the units is equivalent to 2.10% of average fund vale of the last 3 years.
  • The policy holder gets the facility to shift the investments among different funds. The switching of one fund to another is free of cost in each policy year.
  • The policy holder has the option to withdraw the money after first three policy years. The policy holder can withdraw maximum up to 20% of the fund value at the commencement of the policy year.

The benefits of AEGON Religare Protect Gain Plan are as follows:

  • On the unfortunate death of the policy holder during the term of the policy the nominee will receive the higher of the sum assured or the fund value. The unit in the account multiplied by the respective unit price is the fund value.
  • The policy holder can surrender the policy any time after 3 years of the policy. The charge of the surrender value will depend on period for which the policy holder has paid the premiums. No charges are available if the policy is surrender after 5 years.
  • On maturity of the policy the policy holder will receive the existing fund value on the date of maturity.