Easy Protect Insurance Plan
If you are looking for a plan that will enable your family to sustain the same lifestyle even in your absence, this plan is for you.
WHY THIS PLAN?
If you are looking for a plan that will enable your family to sustain the same lifestyle even in your absence, this plan is for you. Aegon Life Easy Protect Insurance Plan deals with your concern and ensures protection for your loved ones – at a fraction of the cost and without medicals!
You should purchase this plan if you:
- Want to secure your family’s future as you are the sole earning member
- Want a monthly income for your family in case of death
LET'S UNDERSTAND THE PLAN WITH AN EXAMPLE
Mr.Mahesh (age 35 years) is employed with a private firm. His wife does not work and they have a son Ajay, who is 10 years old. Being the sole bread earner of the family, Mahesh is aware of the need to secure his family financially. He knows his personal saving alone cannot suffice and help his family with a regular income. Hence, he relies on Aegon Life’s Easy Protect Insurance Plan.
His plan details are as follows:
Policy Term: 10 years, Premium Payment Term: 10 years,
Annualised Premium: Rs.2714 (exclusive of service tax)
Mr.Mahesh dies after 2 years
Premiums paid by Mahesh = Rs.2,714 X 2 years = Rs.5,428 + tax
Death Benefit = Rs.10,000 each month for 10 years.
Hence, total payout is Rs.12,00,000.
Incase of death of the Life Assured, the nominee will be paid Rs. 10,000 per month for 10 years
No Medicals required
Tax benefits as per the prevailing tax laws
Minimum : 20 years
Maximum : 50 years
Rs. 12,00,000 (sum of all payouts i.e. Rs. 10,000/month for 10 years)
Equal to Policy term
Maximum Age: 60 years last Birthday
HOW CAN YOU BUY THIS PLAN?
Step 1 Call our toll free number 1800 209 9090
Step 2 Premium will be calculated basis your age
Step 3 Please double check all personal and product details at this stage.
Step 4 Pay on phone using your credit card or cheque will have to be drawn in favour of Aegon Life Insurance Company Limited
Product Name: Aegon Life Easy Protect Insurance Plan: UIN 138N045V01
- For more details on risk factors, terms and conditions, please read sales brochure and benefit illustration carefully before concluding a sale. Please consult your tax advisor for details.
- This is a non-linked, non-participating life insurance plan.
- This document is for benefit illustration purpose only and should be read in conjunction with the sales literature to understand the product.
- The guaranteed returns under this policy are clearly marked“Guaranteed” in the illustration table.
- This illustration assumes that all the premiums are paid when due.
- Insurance is the subject matter of the solicitation.