Is Aegon good for term insurance?

0.5 4.0/5 “Great!” I have taken the TERM PLAN with the AEGON LIFE because the reason is that the premium is lower , and their service was good,and i took this term insurance through on line channel. The premium is paid on a yearly basis,and i use to pay premium through on line mode. 0.5 5.0/5 “Blown Away!”

Is Aegon Life trustworthy?

Aegon Life Term Plans are reliable and a good option for ensuring your loved ones are provided for in case you are not around anymore. These term insurance plans are cost-effective and can be availed at lower costs.

How is Aegon term plan?

Aegon Life’s Term Insurance Plan protects your family with a life cover and also provides monthly payouts which can act as income benefit. You should purchase this plan if you: Want to secure your family’s future. Want monthly Income for your family in case of death.

Is term insurance a good idea?

In short, term life insurance is a worthwhile (and affordable) way to help financially protect your loved ones. A policy’s death benefit could help: Replace lost income and pay living expenses, like rent or a mortgage. Pay debts you leave behind.

What is iTerm plan?

AEGON Life iTerm is a pure term insurance plan which provides lumpsum payment and/or regular income to the family in the event of death of the policyholder. The policy offers coverage till the age of 80 years and offers. Compare Term Plans.

What is terminal illness benefit in term insurance?

A Terminal Illness Payout is an early death payout. This means that the insurer will pay what they would otherwise have paid out in case of a policyholder’s death because in terminal the insurer can see the death within a policy tenure.

What is death benefit in term plan?

A lump sum death benefit is paid to the beneficiary, in case of demise of the insured during the policy tenure. Even though they are the best insurance option one can have, it is better to have knowledge about the kind of deaths that are covered or not covered by the term plan in India .

What is your review of Aegon life insurance?

AEGON LIFE is the insurance provider where i am holding the term plan since from last few years. The reason for taking the insurance is because they provide for the extra riders also added on that they provide 50\% of insurance fro the spouse also. 5.0/5 “Blown Away!”

Is Aegon a trustworthy company?

Aegon is a trustworthy company and it is present in more than 20 countries that includes the Americas, Europe, and Asia. They have 30 million customers, more than 29,000 employees and manage investments worth 743 billion Euros. In the US, Aegon’s a leading market, it operates under the Transamerica brand.

Is a term insurance plan good or bad?

As far as Term plan is concern all the plans of every company is good. You should take maximum term available for your life and most importantly check the claim settlement ratio for the plan and particular insurance company. Cheers!! Hi greetings!

What is a a-term plan?

A term plan is the most basic form of life insurance. It offers a high cover amount at a nominal premium that is, you, as the ‘insured’ or ‘life assured’ pay a small amount as ‘premium’ for a certain period or ‘tenure’ and, in case something unfortunate occurs, your family or ‘nominee’ is given a large lump sum amount…