Friday, January 20, 2012
AEGON Religare Life Insurance has launched AEGON Religare Guaranteed Income Insurance Plan, which offers a long-term life cover along with regular guaranteed income. The policyholder will be offered 7.5% of the cover every year, until the age of 85 or after the end of the policy's premium payment term. One can choose the term of premium payment from 10, 15 or 20 years. The minimum and maximum age of entry is 20 and 55 years, respectively, depending on the tenure of the policy. The minimum cover is for 1 lakh.