Why buy this plan ?
iTerm Plus is a comprehensive online term plan where you can choose from a choice of four plan options which offer different in-built benefits like accidental death and critical illness. So, while you get no money back with iTerm Plus if things stay well through the entire term, it is the one plan that can assure your loved ones of adequate protection, if the worst were to happen.
Provides Death Benefit + Accidental death Benefit
Provides Death Benefit + Terminal Illness benefit + Waiver of Premium on Permanent Disability due to Acci
Provides Death Benefit + Terminal Illness Benefit + Critical Illness Benefit Covering 10 Critical Illnesses*
Provides Death Benefit + Terminal Illness Benefit + Enhanced Critical Illness Benefit Covering 36 Critical Illnesses*
Option of insurance coverage till the age of 80 years
Lum-sum payment in case of unfortunate demise, death due to accident, terminal illness and critical illness
Option to increase your life coverage as per your increasing life stage requirement
Option to choose coverage for 10 Critical Illnesses (Basic) or 36 Critical Illnesses (Enhanced)
Waiver of future premiums in case of Permanent Disability and Critical Illness
Lower premium rates for Females and Non - Smokers
Tax benefits on premiums paid and benefits received as per prevailing tax laws
You can keep your family secure by just spending a few minutes to fill out a simple step-by-step form. Keep the following documents ready before you fill the form.
Once you fill the form and pay your premium we will guide you through the next steps which may include a medical check. If you have any difficulty, click on the call button anytime. You will receive a call from us to help you with any query.
Product Name: Aegon Life iTerm Plus Insurance Plan (UIN 138N060V02)
For more details on risk factors, terms & conditions please read sales brochures and benefits illustrations carefully before concluding a sale.
Suicide disclaimer: If death occurs due to suicide within 12 months from the date of commencement of risk or of the Policy, the death benefit is refund of at least 80% of the premium(s) paid provided the Policy is in-force. If death occurs due to suicide within 12 months from the date of revival of the Policy, the death benefit is higher of 80% of the premiums paid till the date of death or the Surrender Value available as on the date of death. If death occurs due to suicide within 12 months from the date of exercising life stage option (resulting in the increase in death benefit), the death benefit is the aggregate of the following: Original Total Sum Assured, plus any increased Sum Assured purchased by exercising the life stage option prior to 12 months from the date of death (due to suicide); plus 80% of the premiums paid for the last increase in Sum Assured.
The tax benefits are subject to change as per change in tax laws from time to time.The premiums paid and benefits received are eligible for tax benefits under section 80C and 10 (10D) of the Income Tax Act of 1961, respectively on the fulfilment of conditions laid down for availing such benefits. Please consult your tax advisor for details.
Goods & Services Tax announced by Government or statutory body in future would be levied as per the applicable laws.