AEGON Religare Rising Star Insurance Plan – The Aegon Life Rising Star Insurance Plan is a child plan that helps you build an investment portfolio to support your child’s dreams and goals. The plan provides you with a triple life insurance benefit up to the age of 25 for your child. In addition, the plan offers auto-rebalancing and four different fund options, giving you a lot of flexibility to invest your hard-earned money in accordance with your risk profile and investment style. With partial withdrawals and options for systematic partial withdrawals, the plan meets your liquidity needs.
Are you looking for an insurance plan that offers great value and features? AEGON Religare Rising Star Insurance Plan 2023 may be the perfect option for you! This plan is perfect for people who want to find an affordable policy that offers a lot of benefits. Plus, it has a low premium rate that makes it an attractive option for those on a budget. Interested in finding out more about this plan? Read on to learn more about its features and how it could benefit you.
AEGON Religare Rising Star Insurance Plan 2023
The policyholder bears the investment portfolio’s risk under this policy. During the first five years of the contract, no liquidity is provided by the linked insurance products. Until the fifth year, the policyholder will not be able to completely or partially surrender or withdraw the money invested in linked insurance products. Your aspiration has always been for your children to surpass your goals. You always set your sights on satisfying their requirements and aspirations. If managed properly, life can continue to improve, resulting in a more secure future for your children. That’s exactly what the Aegon Rising Star Plan aims to assist you with. It not only prepares for your children’s future, but also ensures that they will continue to have a secure future.
If you’re looking for an insurance plan that offers excellent value for your money, look no further than AEGON Religare Rising Star. This plan is perfect for those who are budget-conscious, and it has many features that make it unique compared to other options on the market. Plus, the team at AEGON Religare is always available to help you navigate the complex insurances landscape. Contact them today to learn more!
AEGON Religare Rising Star Insurance Plan 2023 Details
| Name Of Article | AEGON Religare Rising Star Insurance Plan 2023 |
| AEGON Religare Rising Star Insurance Plan | Click Here |
| Category | Insurance |
| Official Website | Click Also |
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Best Features of Aegon Life Rising Star Insurance Plan
If you’re looking for a comprehensive insurance plan that offers a variety of benefits and features, look no further than the Aegon Life Rising Star Insurance Plan. This plan offers a wide range of coverage, including health, car, property, and liability insurance. Plus, it comes with a number of exclusive benefits that not many other plans offer. In this article, we’ll take a look at some of the best features of this plan and why it’s a great choice for you.
The Aegon Life Rising Star Insurance Plan’s best features are as follows:
- Fund Options: The plan offers four fund options, Accelerator Fund, Stable Fund, Secure Fund, and Debt Fund, to accommodate your various preferences for investment portfolios.
- Investment Strategies: An optional investment strategy known as the auto rebalancing strategy automatically rebalances your investment in accordance with the allocation proportions that you have selected.
- Option Invest Protect: This option reduces risk by transferring investment units over the course of the last three years of your policy from Accelerator Fund to Secure Fund.
- Fund Switches: In a policy year, you can switch your investments between up to four different funds at no additional cost.
- Partial Withdrawals: After the lock-in period of the first five years is up, you can make partial withdrawals to meet urgent financial needs, up to a maximum of 20% of your fund value in a policy year.
Systematic Partially Withdrawals: You can also choose to have the proceeds of your fund unit redemptions credited to your bank account on a regular basis. You can schedule the monthly, quarterly, or annual systematic partial withdrawals to last however long you want. - Top-up Premium: You can use the top-up option to invest additional premium with a minimum of INR 5,000 at any time during the policy’s term, with the exception of the last five years.
- Increase in Sum Assured: Subject to underwriting, the plan allows you to increase your basic sum assured at any time during the policy term.
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Benefits of Aegon Life Rising Star Insurance Plan
Do you want to save money on your insurance? If so, the Aegon Life Rising Star Insurance Plan may be a good option for you. This plan offers a variety of benefits, including discounts on car insurance and life insurance. Plus, it’s simple to use – just choose the policy that’s right for you and you’re good to go. So what are you waiting for? Compare the benefits of the Aegon Life Rising Star Insurance Plan and decide which is the best option for you.
- Investors in the Aegon Life Rising Star Insurance Plan receive the following benefits: Death Benefit. In the event of the unfortunate death of the life assured during the policy term, the nominee will receive an amount equal to 105% of the total premiums paid up to the date of death or the higher of the death sum assured.
- From the date of the life assured’s death until the end of the policy term, an income benefit equal to the annualized premium is paid at the beginning of each policy year.
- At the end of the policy’s term, the value of the base fund is paid out.
As the Premium Waiver Benefit, Aegon Life Insurance will waive all future premium payments in addition to the preceding.
- Maturity Benefit A maturity benefit equal to the fund value, including the top-up fund value, as of the maturity date is payable in the event that the life assured survives the policy term.
- Under the plan’s settlement option, the life assured can keep investing in the funds after the policy’s maturity date. If you take advantage of this option, you can choose to receive the maturity benefit in installments over a specific time period.
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Aegon Life Rising Star Insurance Plan Eligibility
Are you eligible for the Aegon Life Rising Star insurance plan? If so, this article is for you! We’re going to take a closer look at what the Rising Star insurance plan is, what you need to qualify for it, and some of the benefits that come with it. So read on to find out more!
The following conditions must be met in order to be eligible for the Aegon Life Rising Star Insurance Plan:
| Eligibility Criteria For Aegon Life Rising Star Insurance Plan | |
| Minimum Age at Entry | For parent (life assured)- 18 years
For child (nominee )- Age of Life Assured Minimum Age of Child Age <= 40years 1 day 40 < Age <= 45 5 years 45 < Age <= 48 10 years |
| Maximum Age at Entry | For parent (life assured)- 48 years
For child (nominee)- 15 years |
| Age at Maturity | Up to 65 years |
| Policy Term | 25 years less age at entry of the child in completed years |
| Premium Payment Term (PPT) | Same as policy term |
| Premium Payment Frequency | Yearly, Half-yearly, Monthly |
| Minimum Annual Premium Amount | Annual mode- INR 20,000
Other modes- INR 30,000 |
| Minimum Basic Sum Assured | Age less than 45 years– Higher of 10 times of regular annualized premium or (0.5 x policy term x annualized premium)
Age greater than or equal to 45 years- Higher of 7 times of regular annualized premium or (0.25 x policy term x annualized premium) |
| Maximum Basic Sum Assured | Age less than 45 years – 18 times of annualized premium
Age greater than or equal to 45 years – 10 times of annualized premium |
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Aegon Life Rising Star Insurance Plan Fund Options
You can put your hard-earned money into one of the following funds through the Aegon Life Rising Star Insurance Plan:
| Fund Name | Asset Class |
Risk Profile |
|
| Equity and Equity Market | Money Market Instruments | ||
| Fund Composition | |||
| Accelerator Fund | 80%-100% | 0%-20% | High |
| Stable Fund | 20%-80% | 0%-20% | Moderate |
| Secure Fund | 60%-100% | 0%-40% | Low |
| Debt Fund | 60%-100% | 0%-40% | Moderate |
Aegon Life Rising Star Insurance Plan Reviews
The Aegon Life Rising Star Insurance Plan is a unit-linked insurance plan with a focus on child protection that helps you ensure your child’s financial future. You can personalize the plan to suit your investment preferences by choosing from one option investment strategy and four fund options. This plan’s income benefit, which ensures that your family doesn’t have to worry about money when you’re not there, is one of the main reasons it’s a good investment option.
In addition, the plan gives you the option to “invest protect,” which helps you keep your investment safe even when the market fluctuates. The plan’s settlement option, which lets you keep investing in it even after the policy expires, is another noteworthy feature. The Aegon Life Rising Star Insurance Plan is a good investment option for people looking for a child plan that can be customized and has a lot of benefits, like automatic partial withdrawals.
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