iTerm Insurance Plan is a Term Insurance Plan which provides your family with financial protection at one of the lowest rates



Why buy this plan ?

iTerm is our online term plan which secures your family of the cover amount you choose against a monthly or annual premium. It is the one plan we recommend if you want to assure your loved ones of cost effective protection, if the worst were to happen.



"Term life insurance is going to be the best for the individuals, among many term insurers Aegon Life is the best provider . Their quality of service on phone from tele representative, follow up of activities is top notch as I was just stopped paying high premiums of policy from state owned company. Aegon Life still needs to reach out larger population of India due to the ignorance of insurance through their promotion activities. I will definitely refer this to any other insurance seekers."  - reviewer


"I got a Term insurance done from Aegon Life Insurance a few days ago. My experience has been superb since the day I expressed my interest. It being an online service you get everything done upon a few mouse clicks. The product was made available to me within an amazing short period." - reviewer


"I have bought the iTerm plan. Before buying this plan, I had lots of doubt and all were clarified in right way to understand. It was simple to buy policy online and it gives the cover upto 80 yrs of insurer's age. Response from customer care was quick and positive and always helpful. I would recommend to buy this policy."  - reviewer

Prasana Kumar

"I did good research and found that Aegon Life the best one in this segment. Customer service is very good and clarified all my doubts. It satisfied all my needs. My suggestion is to buy it for whoever needs it, it is hassle free online buy, but please do check all details and make sure it satisfies your needs. I am very happy with Aegon Life so far. I am suggesting to my friends also for buying policy in online. Thank you AEGON LIFE team!"  - reviewer

Praful Tripathy

"The starting point for this policy was getting the online quote, from here till the end I was very happy with the efficiency and speed of delivery. The quote was generated quickly on the website and I was able to see all the variables I that made an impact to the features and premium of the policy. The process was managed almost entirely online except the medical test which was done at home without any inconvenience for me to go anywhere. This was followed with an online submission of the requisite documents. Satisfied customer of this product thanks to the efficient, quick and clear process which is enabled by doing most of the work online."  - reviewer

Susanta Polley

"Overall great experience! Low EMI compared to other companies, hassle free medical check up, can be arranged as per your convenience (can be done in office or house), and easy documentation. Prompt solutions provided by Aegon. Representative of every query! Overall hassle free and satisfying experience!" - reviewer

Manoj Gupta

"Recently I bought Aegon Life iTerm plan online. Overall experience was so nice because of flexibility of policy. There are several options for everyones need. Most important thing is Aegon deliver, what they promise. Medical procedure is easy, transparent and they share all the finding." - reviewer

Keithal Vares

"I was skeptical on buying a policy online, but this was really simple and fast. After doing my research I finalized on Aegon Life. The experience was hassle free. They rescheduled my medical test as per my convenience and the doctor came on time and took my test. Was also kept posted on the status of my policy and within a week my policy was issued." Wonderful!  - reviewer

Mr. Dixit

"Only one word for Aegon is "Excellent service". My policy conversion was extremely smooth.I would highly recommend Aegon Life .The way they are providing customer service will maed them top insurer. Even premium rates are very cheap. Personalised customer service is also very nice.Best part that after the next day of conversion of my policy I received my policy bond."  - reviewer

Anchal Bhatt Vinayak

"Excellent Products and prompt service.Buying policy from Aegon Life is one of the best experience. One should go and read the values of the company. They are adhere to it. The response of their sales executive are excellent. There product explanation are very good. It was my third experience of buying insurance policy but now I can say that if in future if a want to buy any new policy first I will move to Aegon Life. Touched by their customer service."  - reviewer

Next step

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.

Passport size photograph
Identity Proof
Address Proof
Age Proof
Income Proof
Bank Proof

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.


Contact Us


Product Name: Aegon Life iTerm Insurance Plan (UIN 138N016V06)

A Non-Linked Non-Participating Term Insurance Plan

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Trade logo displayed belongs to M/s AEGON N.V. and M/s Bennett, Coleman and Company Limited and used by Aegon Life Insurance Company Ltd. under trade agreement.

Aegon Life Insurance Company Limited. Registration Number: 138. Registered office: Building No. 3, Third Floor, Unit No. 1, Nesco IT Park, Western Express Highway, Goregaon (East), Mumbai- 400063 Tel: +91 2261180100 | Fax: 02261180300 | e-mail: | Website : | Corporate Identity No. : U 66010MH2007PLC169110

For more details on risk factors, terms & conditions please read sales brochures and benefits illustrations carefully before concluding a sale.

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 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.