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1. Complete
protection
AEGON Religare iTerm Plan
A low-cost insurance plan

2. Time is always running out. There are many things to do, but very little Policy Term Minimum: 5 years; Maximum: 57 years
time. You do whatever it takes to make sure that your family lives a
comfortable life. However, no one has control over uncertainties of Premium Payment Term Single or equal to the Policy Term
life. Will they be able to sustain the same lifestyle even in your (PPT)
absence? In order to ease some worries and give your family the best, Premium Payment Single & Annual
AEGON Religare Life Insurance offers AEGON Religare iTerm Plan, Frequency
which ensures protection for your loved ones - at a fraction of the
Minimum Premium Minimum Regular Premium: Rs. 1,675 p.a.
cost. And now, you can avoid the hassle of going through the tedious
Minimum Single Premium: Rs.7,075
paper work and easily get yourself insured using the internet. It is not
only simple but also available at your finger tips. Sum Assured Minimum - Rs. 10,00,000;
(in Multiple of Rs.1,000) Maximum - No limit
(subject to underwriting requirements)
How do you apply for
AEGON Religare iTerm Plan? Other Features
Step 1 Choose the amount of protection you need
Riders: You can make your plan more comprehensive by opting for
Step 2 Decide on the term of your policy the below mentioned riders:
Step 3 Opt among available riders n AEGON Religare AD Rider: In case of an accidental death of the Life
Step 3 Make Payment Assured, the Sum Assured under the rider will be paid.
Step 4 Risk commences (subject to conditions) and policy n AEGON Religare WoP on CI Rider: This Rider covers 4 critical
information document is sent to you. illness conditions as specified in this document. On being
diagnosed with any of these 4 critical illnesses, future premiums
payable under the base plan and riders (if any) are waived while the
Benefits
life cover and rider cover (if any) continues.
Death: In case of your unfortunate demise, the benefit payable to the
The illnesses covered under this rider are as below:
nominee is Sum Assured and it does not change during the term of
n Cancer n Coronary Artery Bypass Surgery
the contract.
n Heart Attack n Stroke
Diagnosis of terminal illness: On diagnosis of any terminal illness, an n AEGON Religare Women CI Rider: This rider covers illnesses
amount equal to 25% of the base Sum Assured will be paid subject to pertaining to women. On being diagnosed with any of the covered
maximum of Rs.100 lacs and the Death Benefit will be reduced by an illness, a certain percentage of the base plan Sum Assured will be
amount equal to the benefit paid under this clause. No premium will paid. The illnesses covered under this rider are classified into
be charged after company accepts the terminal illness claim. 2 groups viz. Group 1 & Group 2. The illness covered and the benefit
amount are as below:
Tax Benefits: As per applicable tax laws. Please consult your tax
advisor for details. Group Conditions covered Benefit amount
Group 1 Malignant Cancer of the 5% of base Sum Assured
Female Organs subject to maximum of
Eligibility Rs.10 lacs
Entry age Minimum: 18 years completed; Group 2 n Birth of child with 2.5% of base Sum Assured
Maximum: 65 years last birthday Congenital Disorders / subject to maximum of
Surgeries Rs.5 lacs
Maximum Maturity age Maximum: 75 years last birthday
n Pregnancy Complications

3. You can claim only once under each benefit group throughout the Premium: If the premium received, is less than the due installment
Policy Term. Once the claim is made under any group, the subsequent premium, the same will not be accepted. On the other hand, if the
premium will be reduced by an amount equal to the premium for the installment premium is more than the due premium, the excess
claimed group. Riders are not available with single premium payment premium will be refunded to the Policyholder without any interest.
mode. Please refer to the sales brochure of these riders to Premium rates applicable differ for male and female lives. Only online
understand the terms & conditions and before concluding the sale. payment is accepted for the first premium.
Grace period: You are allowed to pay premiums within 30 days from Sum Assured: The Policyholder cannot change the Sum Assured
the premium due date. If a due premium is not received within the during the Policy Term.
grace period of 30 days, your policy will lapse and the insurance cover
will be ceased.
Lapse and Reinstatement: If premiums are not paid before the expiry
of the 30 day grace period from the premium due date, the policy will
Temporary Insurance Certificate: On completion of the online
lapse. If the Policyholder fails to reinstate a policy within this two year
requisite application process and payment of due premium, you need
period from the premium due date, the policy will terminate. On
to take a print out of the Temporary Insurance Certificate, which
reinstatement, all outstanding premiums, without interest will be
ensures inception of your policy.
payable.
Free Look Cancellation: If you are not satisfied with the terms and
conditions of the policy, you have the option to cancel the policy Cancellation of Policy on Non Receipt of Documents: In case of non
within 15 days of receiving the policy documents stating the reason for receipt of documents within 15 days from the date of issue of
such cancellation. Upon such cancellation, you will be paid back the Temporary Insurance Certificate, the policy will be cancelled and the
premiums after pro rata deduction for the premium for life insurance Policyholder will be paid back the premium without any deduction.
cover and AD Rider premium (if applicable), policy issue expenses viz.
stamp cost and cost of medical. Maturity: The contract does not acquire any maturity value, therefore
no amount is payable to the Policyholder on maturity.
Definition of Terminal Illness: Terminal Illness is defined as an
advanced or rapidly progressing incurable & uncorrectable medical
condition, which in the opinion of the treating physician is highly likely
Surrender
to lead to death within the next six months. An independent practicing Regular Premium: The policy does not acquire any Surrender Value
medical consultant acceptable to the insurance company specializing throughout the Policy Term and therefore there is no amount payable
in the relevant field of medicine also needs to certify with reasonable to the Policyholder upon surrender.
certainty that the life expectancy of the insured is less than six months
at the time of notification. The insured must not be receiving any form Single Premium: You may surrender the policy after completion of
of treatment other than palliative medication for symptomatic relief three policy years. On surrender, the company will pay the Surrender
and must not have engaged in any gain full employment for the last 30 Value as per the following formula:
days. The insurance company must be notified of the diagnosis within Surrender Value for single premium policy = 0.7 * single premium
30 days of the same being made. (excluding any extra premium loading and service tax) * outstanding
Policy Term (rounded off to a lower integer) / Policy Term.
Terms and Conditions
Death: Death Benefit, if payable during the grace period, will be Service Tax
reduced by the outstanding policy premium. Service tax or any other tax shall be levied as per the prevailing tax laws
on premiums or benefits payable.

4. Exclusions • Nomination: You may at any time during the Policy Term make a
nomination for the payment of the benefits under the Policy in the
Suicide Exclusion for Base Plan: In case of death by suicide during the
event of death of the Life Assured. Where the nominee is a minor,
first policy year, or within one year from the date of reinstatement, no
Death Benefit is payable. an Appointee, who is not a minor, will necessarily, be appointed by
you to receive the Death Benefits during the minority of the
nominee.
For Terminal Illness Benefit: No claim will be payable if the condition
Nomination can be made by communicating the same in writing to
arises directly or indirectly as a result of any of the following:
the Company. The Nominee can be changed by the you at any time
n Self inflicted injuries, suicide, insanity, immorality, committing any
during the term of the Policy and any such change shall vacate
breach of law.
earlier nomination automatically. Nomination will not be permitted
n Unreasonable failure to seek or follow medical advice.
if you are not the Life Assured under the Policy.
n Alcohol or solvent abuse, or the taking of drugs except under the
The Company does not express any opinion on the validity or
direction of a registered medical practitioner. legality of the assignment or nomination. An assignment cancels a
n Infection with Human Immunodeficiency Virus (HIV) or conditions nomination automatically.
due to any Acquired Immune Deficiency Syndrome (AIDS). In absence of the nominee, the Death Benefit will be paid to your
n For the purpose of this plan, the definition of AIDS will be the one legal heir.”
that is used by the World Health Organization at the date of onset
or that used by any other appropriate Government or international
organization. Infection by HIV will be deemed to have occurred About AEGON Religare Life Insurance
where blood tests indicate the presence of the virus or any AEGON, an international life insurance, pension and investment
antibodies to it. company, Religare, a global financial services group and Bennett,
n When the member is engaged in aviation or aeronautics other than Coleman & company, India’s largest media house, have come together
as a passenger on a licensed commercial aircraft operating on a to launch AEGON Religare Life Insurance Company Limited (ARLI).
scheduled route, and ARLI launched its pan-India operations in July, 2008 following a multi-
n Due to injuries from war (whether war is declared or not), invasion, channel distribution strategy with a vision to help people plan their life
hunting, mountaineering, motor racing of any kind, other better.In an industry first, we offer policy servicing on the phone via
dangerous hobbies or activities, or having been on duty in military, Interactive Voice Response System (IVR).
Para-military, security or police organization. As an international life insurance, pension and investment company,
AEGON has businesses in over twenty markets in the Americas,
Europe and Asia. With headquarters in The Hague, The Netherlands,
Assignment and Nomination AEGON companies employ approximately 28,000 people and serve
n Assignment: An assignment of the Policy can be made by an some 40 million customers across the globe. AEGON has more than
endorsement on the Policy itself or by a separate instrument signed 160 years of experience with its roots going back to 1844 and holds
in either case by the assignor specifically stating the fact of 26% equity in our Company
assignment and duly attested. The first assignment can be made Religare Enterprises Limited (REL) is a global financial services group
only by You. Assignment shall be effective, from and upon the with a presence across Asia, Africa, Middle East, Europe and the
service of a written notice to the Company together with the Americas. In India, Religare’s largest market, the group offers a wide
endorsement or instrument or a copy thereof duly certified to be array of products and services ranging from insurance, asset
correct by both the assignor and the assignee. Assignment will not management, broking and lending solutions to investment banking
be permitted where the policy is issued under the Married and wealth management. With over 10,000 employees across
Women’s Property Act, 1874 and conditions apply to assignments multiple geographies, Religare serves over a million clients, including
of policies issued to partnerships or Hindu Undivided Families. corporates and institutions, high net worth families and individuals,

5. and retail investors. REL holds 44% equity in our Company. tables of the insurer. 2) Any person making default in complying with
Bennett, Coleman & Company Limited (BCCL), India’s largest media the provision of this section shall be punishable with fine, which may
house holds 30% equity in our Company. BCCL owns some of the extend to Five Hundred Rupees.
prominent brands such as Times of India, Economic Times, Times Section 45 of Insurance Act, 1938 states: In accordance with Section
Now, Radio Mirchi, Zoom and Femina. 45 of Insurance Act, 1938, no policy of life insurance shall, after the
expiry of two years from the date on which it was effected, be called in
Prohibition of Rebates question by an insurer on the ground that a statement made in the
Section 41 of the Insurance Act, 1938 states: 1) No person shall allow proposal of insurance or any report of a medical officer, or a referee,
or offer to allow, either directly or indirectly, as an inducement to any or a friend of the insured, or in any other document leading to the
person to take out or renew or continue an insurance in respect of issue of the policy, was inaccurate or false, unless the insurer shows
any kind of risk relating to lives or property in India, any rebate of the that such statements was on material factor or suppressed facts
whole or part of the commission payable or any rebate of the which it was material to disclose and that it was fraudulently made by
premium shown on the policy, nor shall any person taking out or the Policy Holder and that the Policy Holder knew at the time of
renewing or continuing a policy accept any rebate, except such rebate making that the statement was false or that it suppressed facts which
as may be allowed in accordance with the published prospectuses or it was material to disclose.
Product Name: AEGON Religare iTerm Plan UIN-138N016V02
For More Details
Call 1800 209 9090
www. aegonreligare.com
Insurance is the subject matter of the solicitation. IRDA Company
Registration No. 138. Registered Office : AEGON Religare Life
Insurance Company Limited, 2nd Floor, Paranjpe ‘B’ Scheme, Subhash
Road, Near Garware House, Vile Parle (East), Mumbai 400 057.
ADVT. No. IC/August 2011/900