About Aegon Group Life Insurance Plan

Check out the special features and benefits of the plan below:

  • The minimum entry age for this policy is 18 years.
  • The maximum entry age for this policy is 59 years.
  • The maturity age of this policy is 60 years.
  • The maximum Sum Assured for Aegon Life Group Term Plan is Rs. 5000/-
  • The policy tenure is 1 year- renewable
  • Under this plan, tax benefits can be availed Under Section 80C and 10(10D) of the Income Tax Act given that if the premiums are paid timely.
  • In case of death of the member, the Sum assured is payable to the nominee.
  • Aegon Life Group Term Plan provides with the flexibility to add or exclude members on a monthly basis.
  • The modes of premium payment can be yearly, half-yearly, quarterly or monthly.

Group Leave Encashment Plan

Check out the special features and benefits of the plan below:

  • The minimum entry age for this policy is 18 years.
  • The maximum age of entry for this policy is 74 years.
  • The maturity age for this policy is 75 years.
  • The highest Sum Assured for this plan is Rs. 1000/-.
  • The tenure of the policy is 1 year – renewable.
  • Under this plan, tax benefits can be availed Under Section 80C and 10(10D) of the Income Tax Act given that if the premiums are paid timely.
  • The policy comes with the benefits to the employees such as leave encashment payable in the future.
  • It provides with multiple investment alternatives to invest in equity fund and group debt.
  • Group Leave Encashment Plan also offers the flexibility to switch between different funds.
  • It offers contribution redirection.
  • The policy offers transparency through disclosing the portfolio on quarterly basis.

Aegon Life Group Gratuity Plan

Check out the special features and benefits of the plan below:

  • The minimum age of entry for this policy is 18 years.
  • The maximum age of entry for this policy is 74 years.
  • The maturity age for this policy is 75 years.
  • The maximum Sum Assured for Aegon Life Group Gratuity Plan is Rs. 1000/-.
  • The tenure of the policy is 1 year - renewable
  • Under this plan, tax benefits can be availed Under Section 80C and 10(10D) of the Income Tax Act given that if the premiums are paid timely.
  • The policy offers gratuity to the employees
  • In order to help invest in equity fund and group debt, the policy offers multiple investment options.
  • The policy offers the flexibility to switch between different funds.
  • Contribution redirection is offered under this plan.
  • The policy offers transparency via disclosing the portfolio on quarterly basis

Aegon Life Group Credit Life Plan

Check out the special features and benefits of the plan below:

  • The minimum age of entry for this policy is 18 years.
  • The maximum entry age for this policy is 55 years.
  • The maturity age for this policy is 65 years.
  • The maximum Sum Assured for this Aegon Life Group Credit Life Plan is Rs. 50,000/-
  • The term of the policy is 24 months for single pay, 60 months for regular pay and 90 months for limited pay.
  • Under this plan, tax benefits can be availed Under Section 80C and 10(10D) of the Income Tax Act given that if the premiums are paid timely.
  • The Sum Assured is paid to the nominee in case of death.
  • The policy provides with benefits like decreasing Sum Assured and level Sum Assured.