The AEGON Religare Wealth Protect Plan ensures that the policy holder never misses any chance to increase the gains and shield it during down turn. This plan guarantees that the returns will not dip below 80% of the highest NAV policy term. This policy comes with the NAV protector funds, special NAV and special fund value.
The eligibility criteria for AEGON Religare Wealth Protect Plan are as follows:
- The minimum entry age for the policy is 90 days.
- The maximum entry age for the policy is 70 to 75 years.
- The premium paying term for 70 years is 3 years and 75 years is 5 / 10 years.
- The total premium paying term for the policy is 3 / 5 / 10 years.
- The minimum sum assured for the policy is 5 times of the annual regular premium.
- The maximum sum assured for the policy is 15 times up to 50 years, 9 for 51 to 65 years, 5 for 66 to 75.
- The available policy term is 10 years.
- The minimum annual premium is 1 lakh for 3 years, 50,000 for 5 years and 25,000 for 10 years.
The benefits of AEGON Religare Wealth Protect Plan are as follows:
- On maturity of the policy the policy holder will get the special fund value on the date of maturity along with the special addition.
- On the sudden death of the policy holder during the term of the policy the nominee will receive the sum assured or the special fund value whichever is higher.
- The policy holder can surrender the policy any time within 3 years of the policy term. The surrender value will be equal to special fund value deducting the surrender charges.