Shows how many claims were paid by the company in comparison to the claims received. Higher the number, better the Claim Settlement Ratio.
Aegon Life's claim settlement ratio has increased from 99.03% in FY 21-22 to 99.37% in FY 22-23.
175+ Years
of trust worldwide
30 Lakhs
lives insured globally
Shows how many claims were paid by the company in comparison to the claims received. Higher the number, better the Claim Settlement Ratio.
Aegon Life's claim settlement ratio has increased from 99.03% in FY 21-22 to 99.37% in FY 22-23.
We are a digital company because we believe that you should be able to reach us - anywhere, any time and as per your preferred medium. You do not need to worry about branch timings or scheduling an appointment. We are here to answer your questions so that you can make informed choices.
We believe in our duty towards helping you and your family to get through tough times. In 2022-23, we settled 99.37% of the total amount of claim requests that we got.
In simple words, life insurance is a financial promise between the life insurance company and the buyer of a life insurance policy (known as the policyholder). As per the promise, the policyholder pays the company an affordable fixed amount called 'premiums', for a fixed period of years. The period is called the ‘policy term’.
During this term, if an unfortunate event takes place where the policyholder loses his / her life or becomes permanently disabled, the company fulfills its promise by paying the policyholder's family a pre-defined amount called ‘Sum Assured’.
This amount helps the family to carry on with their life in the absence of the policyholder's income.
In some policies, an amount called Maturity benefit is paid at the end of the policy term.
Click here to know more about what is life insurance.
This is done in three easy steps.
Step 1: Identify your goals like leaving behind sufficient funds for your family, paying-off loans, funding your children’s education, or investing for the future.
Step 2: Select the premium amount you can afford.
Step 3: Choose a suitable policy.
A plan that gives you a life-cover of 10x your current income is a good starting point, and these are surprisingly affordable! Find the right plan here and get started, today!.
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For more details on risk factors and terms & conditions, please read the Sales Brochures carefully before concluding a sale. Tax benefit may be available as per prevailing tax laws. Tax laws are subject to amendments from time to time. Please consult your tax advisor for details. The Company does not assume responsibility on tax implication mentioned anywhere on this website.
Trade logo displayed belongs to M/s Aegon N.V. and used by Aegon Life Insurance Co. Ltd. under license.
Aegon Life Insurance Company Limited | An ISO 27001: 2013 Certified Company | IRDAI Reg. No. 138 | Corporate Identity No: U66010MH2007PLC169110.
Registered office: A - 201, 2nd Floor, Leela Business Park, Andheri-Kurla Road, Andheri (E), Mumbai - 400059.
Tel: +91 226118 0100
Toll free no: 1800-209-9090 (9am to 7pm, Mon to Sat)
Email: customer.care@aegonlife.com
Website: www.aegonlife.com
IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.
Covid-19 Advisory
Wash hands properly, cover mouth while sneezing & wear a mask, practice social distancing & get adequate insurance cover.
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^Individual Death Claim Settlement Ratio for Aegon Life Insurance Company Limited for FY 2022-23 is 99.37% as per annual audited figures-ADVT No: II/Jun 2023/6675
***Profile based calculator disclaimer: The views expressed under “Guidelines to plan your finances” are meant purely for information sharing and should not be considered as an investment advice or recommendation to buy these options. The views shared here are based on publicly available information and sources. Aegon Life insurance Company Limited is not an investment advisor and is not purporting to provide you with investment, legal or tax advice. The Company does not accepts any liability and will not be liable for any loss or damage arising directly or indirectly (including special, incidental or consequential loss or damage) from your use of information herein. Please consult your tax advisor before making any informed decision.
Homepage slider: iTerm Prime: ADVT NO:II/Jul 2023/6710
Aegon Life iTerm Prime (UIN: 138N084V01). A Non-Linked Non-Participating Individual Pure Risk Premium Life Insurance Plan. Life insurance cover is available under this product. For more details on risk factors, terms & conditions please read sales brochures and benefits illustrations carefully before concluding a sale. Issuance is subject to board-approved underwriting policy.
+5% discount will be applicable only on first year premium for online customers. Additional 5% discount will also be applicable only on first year premium for Self-Employed or other Non-Salaried Customers.
&On availing Special Exit Value (SEV), total of premiums paid, along with underwriting extra premiums paid, plus loadings for modal premiums (if any) will be paid back to the insured, and the policy will terminate. Here, total premium paid is the total of all the premiums received, excluding any extra premium, any rider premium, and taxes. SEV is applicable only to base cover premium, and not to any additional optional riders. SEV is available for policies where age of insured at inception of the policy is up to 40 years (as of last birthday), and the policy matures at the age of 70 years (as of last birthday), and can be availed at Age 55 only.
~Free look cancellation: 100% refund of the total instalment premiums received including any extra premiums and taxes towards the policy. The Policy will terminate on payment of this amount.
^Individual Death Claim Settlement Ratio for Aegon Life Insurance Company Limited for FY 2022-23 is 99.37% as per annual audited figures.
Homepage slider: iGuarantee Max Savings: ADVT NO:II/Jul 2023/6711
Aegon Life iGuarantee Max Savings plan. (UIN:138N083V01) is a Non-linked Non-Participating Life Insurance Individual Savings Plan. Life insurance cover is available under this product. For more details on risk factors, terms and conditions, please read the sales brochure and benefits illustrations carefully before concluding a sale. Issuance is subject to board-approved underwriting policy. Guaranteed benefits are available only if all premiums are paid as per the premium paying term and the policy is in-force till the completion of entire policy term opted.
@The return of 6.24% has been calculated on annualized premium for a 30 year old, healthy, non-smoker, self-employed male, for an annualized premium of INR 36,000 for a policy term of 20 years and premium paying term of 10 years, assuming that all premiums (excluding applicable taxes, cesses and levies and rider premiums, if any) have been paid as and when due.
%All tax benefits are subject to tax laws prevailing at the time of payment of premium or receipt of benefits by you and are applicable only if all due premiums are paid and the policy being in force on the date of maturity. Avail Tax Benefits under Section 80C and 10(10D). Tax benefits and tax laws are subject to amendments made thereto from time to time. Please consult your tax advisor for details, before acting on above. The Company does not assume responsibility on tax implication mentioned anywhere in this page. It is recommended to obtain professional advice for applicability of tax benefits. The amount of ₹46,800 has been calculated for a 30 year old, salaried, male with an annual income of 30 lacs and opted for old tax regime.
"10% of Annualized Premium accrues to the Policy on the Date of Maturity and is payable only to those policies where all due premiums have been paid and the policy is in force
Homepage slider: iMaximize: ADVT NO:II/Jul 2023/6712
Aegon Life iMaximize Insurance Plan (UIN - 138L030V04) is an online, unit-linked non-participating life insurance plan.
Unit-linked life insurance products are different from the traditional insurance products and are subject to risk factors. Premiums paid in unit-linked life insurance policies are subject to investment risks associated with capital markets, and NAVs of the units may go up or down, based on the performance of the fund and factors influencing the capital market and the insured is responsible for his/her decisions. Aegon Life Insurance Company Limited is only the name of the Life Insurance Company and Aegon Life iMaximize Insurance Plan is only the name of the unit-linked life insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risks and the applicable charges from your insurance agent or intermediary or policy document issued by us. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns.
The past performance of the funds is not indicative of the future performance.
For more details on risk factors, terms & conditions please read sales brochures and benefits illustrations carefully before concluding a sale. Issuance is subject to board-approved underwriting policy.
>Life insurance cover is available under this product.
%All tax benefits are subject to tax laws prevailing at the time of payment of premium or receipt of benefits by you and are applicable only if all due premiums are paid and the policy being in force on the date of maturity. Avail Tax Benefits under Section 80C and 10(10D). Tax benefits and tax laws are subject to amendments made thereto from time to time. Please consult your tax advisor for details, before acting on above. The Company does not assume responsibility on tax implication mentioned anywhere in this page. It is recommended to obtain professional advice for applicability of tax benefits. The amount of ₹46,800 has been calculated for a 30 year old, salaried, male with an annual income of 30 lacs and opted for old tax regime.
Segregated Fund Identification Number (SFIN) : Blue Chip Equity Fund ULIF01511/02/14BLUECHIPEQ0138 | Accelerator Fund ULIF01203/09/10ACCELERATE0138 | Opportunity Fund ULIP01627/06/16OPPORTUN0138 | Stable Fund ULIF01303/09/10STABLE0138 | Secure Fund ULIF00505/07/08SF0138 | Debt Fund ULIF00405/07/08DB0138
<Opportunity fund [SFIN no.: ULIP01627/06/16OPPORTUN0138] is available under Aegon Life iMaximize, and Aegon Life iInvest ULIP Products. ~Opportunity Fund Performance as on Dec 31, 2022~
Horizon | CAGR |
---|---|
3-years | 27.1% |
5-years | 14.6% |
Source for Forbes Advisor Ratings: https://www.forbes.com/advisor/in/life-insurance/best-ulip-plans-to-look-forward-to-in-2023/
Source for Money Control Ratings: https://www.moneycontrol.com/personal-finance/top-performing-ulips
Homepage slider: Branding: ADVT NO:II/Jul 2023/6713
^Individual Death Claim Settlement Ratio for Aegon Life Insurance Company Limited for FY 2022-23 is 99.37% as per annual audited figures.