AR iTerm

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

Time is always running out. There are many things to do, but very little Eligibilitytime. You do whatever it takes to make sure that your family lives acomfortable life. However, no one has control over uncertainties of Entry age Minimum: 18 years completed;life. Will they be able to sustain the same lifestyle even in your Maximum: 65 years last birthdayabsence? In order to ease some worries and give your family the best,AEGON Religare Life Insurance offers AEGON Religare iTerm Maximum Maturity age Maximum: 75 years last birthdayInsurance Plan, which ensures protection for your loved ones - at afraction of the cost. And now, you can avoid the hassle of going Policy Term Minimum: 5 years; Maximum: 57 yearsthrough the tedious paper work and easily get yourself insured usingthe internet. It is not only simple but also available at your finger tips. Premium Payment Term Single or equal to the Policy Term (PPT)How do you apply forAEGON Religare iTerm Insurance Plan? Premium Payment Single & Annual FrequencyStep 1 Choose the amount of protection you need Minimum Premium Minimum Regular Premium: `1,675 p.a.Step 2 Choose the Policy Term & Premium Payment Term Minimum Single Premium: `7,075Step 3 Customize your Policy by opting for riders Sum Assured Minimum - `10,00,000;Step 4 Make Payment (in Multiple of Rs.1,000) Maximum - No limitStep 5 Risk commences (subject to conditions) and policy (subject to underwriting requirements) information document is sent to you. Other FeaturesBenefits Riders: You can make your plan more comprehensive by opting for the below mentioned riders:Death: In case of your unfortunate demise of the Life Assured, thebenefit payable to the nominee is Sum Assured and it does not change n AEGON Religare AD Rider (UIN 138B006V02): In case of anduring the term of the contract. accidental death of the Life Assured, the Sum Assured under the rider will be paid.Diagnosis of terminal illness: On diagnosis of any terminal illness, anamount equal to 25% of the base Sum Assured will be paid subject to n AEGON Religare iCI Rider ( UIN 138B011V01): This Rider covers 4maximum of `100 lakhs and the Death Benefit will be reduced by anamount equal to the benefit paid under this clause. No premium will Critical Illness conditions:be charged after company accepts the terminal illness claim. 1. Cancer 2. Open Chest CABGTax: The premiums paid and benefits received are eligible for taxbenefits under Section 80C and 10(10D) of the Income tax Act, 1961 3. First Heart Attack 4. Strokerespectively upon fulfillment of conditions laid down for availing suchbenefits. The tax benefits are subject to change as per change in Tax If you are diagnosed with any of the above mentioned Critical Illnesslaws from time to time. Please consult your tax advisor for furtherdetails. the cover amount under this Rider (Sum Assured) will be paid to you and this Rider terminates. The life cover under the Base Plan and coverage from other Riders (if any) will continue. n AEGON Religare WoP on CI Rider (UIN 138B007V02): This Rider covers 4 critical 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 life cover and rider cover (if any) continues. The illnesses covered under this rider are as below: n Cancer n Open Chest CABG n Heart Attack n Stroke

n AEGON Religare Women CI Rider (UIN 138B005V02): This rider certainty that the life expectancy of the insured is less than six months covers illnesses pertaining to women. On being diagnosed with any at the time of notification. The insured must not be receiving any form of the covered illness, a certain percentage of the base plan Sum of treatment other than palliative medication for symptomatic relief Assured will be paid. The illnesses covered under this rider are and must not have engaged in any gain full employment for the last 30 classified into 2 groups viz. Group 1 & Group 2. The illness covered days. The insurance company must be notified of the diagnosis within and the benefit amount are as below: 30 days of the same being made.Group Conditions covered Benefit amount Terms and ConditionsGroup 1 Malignant Cancer of the 5% of base Sum Assured Death: Death Benefit, if payable during the grace period, will be Female Organs subject to maximum of reduced by the outstanding policy premium. `10 lakhs Premium: If the premium received, is less than the due installmentGroup 2 n Birth of child with 2.5% of base Sum Assured premium, the same will not be accepted. On the other hand, if the Congenital Disorders / subject to maximum of installment premium is more than the due premium, the excess Surgeries `5 lakhs premium will be refunded to the Policyholder without any interest. Premium rates applicable differ for male and female lives. Only onlinen Pregnancy Complications payment is accepted for the first premium.You can claim only once under each benefit group throughout the Discontinuance of Premium: If the premiums are not paid till thePolicy Term. Once the claim is made under any group, the subsequent expiry of the grace period, the policy lapses with all the benefits.premium will be reduced by an amount equal to the premium for theclaimed group. Riders are not available with single premium payment Sum Assured: The Policyholder cannot change the Sum Assuredmode. Please refer to the sales brochure of these riders to during the Policy Term.understand the terms & conditions and before concluding the sale. Lapse: If premiums are not paid before the expiry of the 30 day graceGrace period: You are allowed to pay premiums within 30 days from period from the premium due date, the policy will lapse. If thethe premium due date. If a due premium is not received within the Policyholder fails to revive the lapsed policy within this two yeargrace period of 30 days, your policy will lapse and the insurance cover period from the premium due date, the policy will terminate. Onwill be ceased. revival of the lapsed policy, all outstanding premiums, without interest will be payable.Free Look Cancellation: If you are not satisfied with the terms andconditions of the policy, you have the option to cancel the policy Cancellation of Policy on Non Receipt of Documents: In case of nonwithin 30 days of receiving the policy documents stating the reason receipt of documents within 15 days from the date of premiumfor such cancellation. Upon Such cancellation of the policy during the payment, the policy will be cancelled and the Policyholder will be paidfree look period, we will return the premium paid subject to the back the premium without any deduction.deduction of: Proportionate risk premium, Stamp duty paid andExpenses borne by the Company on medical examination, if any Maturity: The contract does not acquire any maturity value, thereforeThe policy will terminate on payment of this amount and all rights, no amount is payable to the Policyholder on maturity.benefits and interests under this policy will stand extinguished. SurrenderDefinition of Terminal Illness: Terminal Illness is defined as anadvanced or rapidly progressing incurable & uncorrectable medical Regular Premium: The policy does not acquire any Surrender Valuecondition, which in the opinion of the treating physician is highly likely throughout the Policy Term and therefore there is no amount payableto lead to death within the next six months. An independent practicing to the Policyholder upon surrender.medical consultant acceptable to the insurance company specializing Single Premium: You may surrender the policy after completion ofin the relevant field of medicine also needs to certify with reasonable

three policy years. On surrender, the company will pay the Surrender Assignment and NominationValue as per the following formula:Surrender Value for single premium policy = 0.7 * single premium Assignment: An assignment of the Policy can be made by an(excluding any extra premium loading and service tax) * outstanding endorsement on the Policy itself or by a separate instrument signed inPolicy Term (rounded off to a lower integer) / Policy Term. either case by the assignor specifically stating the fact of assignment and duly attested. The first assignment can be made only by You.Service Tax Assignment shall be effective, from and upon the service of a written notice to the Company together with the endorsement or instrumentService tax or any other tax shall be levied as per the prevailing tax laws or a copy thereof duly certified to be correct by both the assignor andon premiums or benefits payable. the assignee. Assignment will not be permitted where the policy is issued under the Married Women’s Property Act, 1874 and conditionsExclusions apply to assignments of policies issued to partnerships or Hindu Undivided Families.Suicide Claim Provision: If death occurs due to suicide within oneyear from the date of inception of the policy or within one year from Nomination: You may at any time during the Policy Term make athe date of reinstatement of the policy, the nominee or beneficiary nomination for the payment of the benefits under the Policy in theshall be entitled to 80% of the premiums paid, provided the policy is in event of death of the Life Assured. Where the nominee is a minor, anforce. Appointee, who is not a minor, will necessarily, be appointed by you toFor Terminal Illness Benefit: No claim will be payable if the condition receive the Death Benefits during the minority of the nominee.arises directly or indirectly as a result of any of the following: Nomination can be made by communicating the same in writing ton Self inflicted injuries, suicide, insanity, immorality, committing any the Company. The Nominee can be changed by the you at any time during the term of the Policy and any such change shall vacate earlier breach of law. nomination automatically. Nomination will not be permitted if you aren Unreasonable failure to seek or follow medical advice. 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 legality of the assignment or nomination. An assignment cancels a direction of a registered medical practitioner. nomination automatically.n Infection with Human Immunodeficiency Virus (HIV) or conditions In absence of the nominee, the Death Benefit will be paid to your legal heir.” due to any Acquired Immune Deficiency Syndrome (AIDS).n For the purpose of this plan, the definition of AIDS will be the one Disclaimer 1. The brochure is not a contract of insurance. The precise terms and that is used by the World Health Organization at the date of onset or that used by any other appropriate Government or international conditions of this plan are specified in the policy contract. organization. Infection by HIV will be deemed to have occurred 2. This product is underwritten by AEGON Religare Life Insurance where blood tests indicate the presence of the virus or any antibodies to it. Company Ltd.n When the member is engaged in aviation or aeronautics other than 3. Sub-standard lives may be charged extra premiums as per the as a passenger on a licensed commercial aircraft operating on a scheduled route, and insurer’s underwriting policy.n Due to injuries from war (whether war is declared or not), invasion, 4. Insurance is the subject matter of the solicitation. hunting, mountaineering, motor racing of any kind, other 5. Insurance cover is available under this product. dangerous hobbies or activities, or having been on duty in military, Para-military, security or police organization.

Prohibition of Rebates product suite, providing customised advice and enhancing the overallSection 41 of the Insurance Act, 1938 states: 1) No person shall allow customer experience.or offer to allow, either directly or indirectly, as an inducement to anyperson to take out or renew or continue an insurance in respect of ARLI has launched a suite of products that are focused on providingany kind of risk relating to lives or property in India, any rebate of the the customer with the means to meeting their long-term financialwhole or part of the commission payable or any rebate of the goals. At the same time, product development has been founded onpremium shown on the policy, nor shall any person taking out or the tenet of providing the customer with great value. In 2014, therenewing or continuing a policy accept any rebate, except such rebate Indian Insurance Awards, honoured ARLI as the ‘E-Business Leader’,as may be allowed in accordance with the published prospectuses or for the second year in a row, under the category of Overall Insurancetables of the insurer. Industry Awards.2) Any person making default in complying with the provision of thissection shall be punishable with fine, which may extend to Five AEGON, As an international provider of life insurance, pensions andHundred Rupees. asset management, AEGON has businesses in over twenty five countries across the Americas, Europe and Asia. AEGON companiesNon-Disclosure employ almost 27,500 people serving millions of customers aroundSection 45 of Insurance Act, 1938 states: In accordance with Section the world. In total, the company oversees EUR 482 billion in revenue-45 of Insurance Act, 1938, no policy of life insurance shall, after the generating investments. AEGON is one of the largest insuranceexpiry of two years from the date on which it was effected, be called in companies in the United States, and ranks first in the Dutch groupquestion by an insurer on the ground that a statement made in the pensions market and has strong market positions in individual andproposal of insurance or any report of a medical officer, or a referee, group pensions in the UK. The company’s shares are listed on twoor a friend of the insured, or in any other document leading to the major stock markets: Amsterdam and New York. AEGON has moreissue of the policy, was inaccurate or false, unless the insurer shows than 160 years of experience with its roots going back to 1844.that such statements was on material factor or suppressed facts http://www.aegon.comwhich it was material to disclose and that it was fraudulently made bythe policy holder and that the policy holder knew at the time of Religare Enterprises Limited (REL) is one of India’s leading diversifiedmaking that the statement was false or that it suppressed facts which financial services groups and offers an integrated suite of financialit was material to disclose. services including asset management, life and health insurance, lending, broking, investment banking, and wealth management.AEGON Religare Life Insurance Religare Enterprises is headquartered in New Delhi and is listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) inAEGON, an international provider of life insurance, pensions and India. Religare is also building an Asia & emerging markets focusedasset management, Religare, India’s leading diversified financial Institutional equities and Investment Banking business and a multi-services groups and Bennett, Coleman & Company, India’s largest boutique global asset management platform to tap the broadermedia conglomerate, have come together to launch AEGON Religare opportunities offered by the most promising emerging marketsLife Insurance Company Limited (ARLI). This venture is dedicated to around the world. http://www.religare.combuild a customer-centric business and provide a work environmentthat fosters excellence and innovation. This joint venture adopts a Bennett, Coleman & Company Limited, The Times Group is India’slocal approach with the power of global expertise. largest media conglomerate with its flagship Bennett, Coleman andARLI launched its pan-India operations in July, 2008 following a multi- Company Limited (BCCL) being the largest publishing company inchannel distribution strategy with a vision to help people plan their life India and South-Asia. Starting off with The Times of India – which isbetter. The fulfillment of this vision is based upon having a complete now the largest English publication in the world, BCCL and its subsidiaries (called The Times of India Group), are present in every existing media platform – Newspapers, Magazines, Books, TV, Radio, Internet, Event Management, Outdoor Display, Music, Movies and

more. With a turnover exceeding a billion dollars, the group has the V No. v/Aug 2014support of over 25,000 advertisers, 11,000 employees and anaudience spanning across all continents. http://www.timesgroup.comBeware of spurious phone calls and fictitious/fraudulent offers. IRDAclarifies to public that: IRDA or its officials do not involve in activitieslike sale of any kind of insurance or financial products nor investpremiums. IRDA does not announce any bonus. Public receiving suchphone calls are requested to lodge a police complaint along withdetails of phone call, number.A Non-linked Term Insurance Plan.Product Name: AEGON Religare iTerm Insurance PlanUIN 138N016V03For More DetailsCall 1800 209 9090Insurance is the subject matter of the solicitation.IRDA Company Registration No. 138.AEGON Religare Life Insurance Company LimitedRegistered office: Building No. 3, Third Floor, Unit No. 1, Nesco IT Park,Western Express Highway, Goregaon (E), Mumbai - 400063.Tel: +91 22 6118 0100, Fax: 02261180200 / 300,e-mail: [email protected],Website : www.aegonreligare.comCorporate Identity No. : U 66010MH2007PLC169110ADVT. No. IC/September 2014/2270