Aegon Religare Life Insurance Policy

About Aegon Religare Life Insurance

AEGON, an international provider of life insurance, pensions and asset management, Religare, India’s leading diversified financial services groups and Bennett, Coleman & Company, India’s largest media conglomerate, have come together to launch AEGON Religare Life Insurance Company Limited (ARLI)

Types of Aegon religare Life Insurance

Term insurance product: Provides a fixed amount of money upon death during the period of contract. 

Whole Aegon Religare Life Insurance product: Provides a fixed amount of money upon death.

Endowment Assurance product: Gives a fixed amount of money either on death or during the period of contract or at the expiry of contract if life assured is alive.

Transparency: Aimed at helping you make the right choice, we provide objective and transparent information about your loan options.

Money back assurance product: Gives not only fixed amounts, which are payable on specified dates during the period of contract, but also the full amount of money assured on death during the period of contract.

Annuity product: Gives a series of monthly payments on stipulated dates provided that the life assured is alive on the stipulated dates.

Linked product: Provides not only a fixed amount of money on death but also sums of money which are linked with the underlying value of assets on the desired dates.

Benefits of Aegon Religare Life Insurance

Risk Cover

Protection against increasing health expenses

Profitable long-term investment

Income assurance through annuities

Growth through dividends

Loans against policy

Tax Benefits

What does Aegon Religare Life Insurance not cover?

Cover for Old Age People

Drug and alcohol abuse

Suicide

Death due to an act of war

Fraud & Illegal Activities

Life Insurance Claim Process

Claim Process Upon DeathIn the event of death of the insured during the term of the life insurance policy, the nominee has to intimate the insurance branch. Thereafter, a claim form has to be filled and submitted to the office with the original policy documents and the death certificate. This entire process could take up time; ranging from a few weeks to three to four months, if all the paperwork is in place. In case of complications, it could take much longer.

Claim Process Upon MaturityYou need to sign and send back a discharge form/voucher/claim form that is sent to you by the insurance company (usually, sent more than a month before the maturity date). Other formalities may vary from company to company. Once approved by the insurance company, the proceeds of the policy are sent by mail or electronically cleared by the company, depending on the choice you make.

Get More Details of Aegon Religare Life Insurance

Visit to http://www.bankbazaar.com/insurance/aegon-religare-life-insurance.html

Contact Details

support@bankbazaar.com

http://www.bankbazaar.com/insurance/aegon-religare-life-insurance.html

+91 44 66511800