HT BureauGUWAHATI, Nov 16: Aegon Life Insurance launched iGuarantee Max Savings, the new product that offers the dual benefits of high returns and life cover as well as enables families to meet their medium to long-term savings goals affordably.
On the product launch, Satishwar B, MD, and CEO of Aegon Life, said, “This is a highly competitive and affordable product with premiums starting at just Rs 500 per month. The plan ensures that your savings goal is met, no matter what. Say you are 30 years old and have a 3-year-old child. If you put aside even Rs 3,000 every month for ten years, you will receive approx. 6.5 lakh, tax-free, when your child is 18 and starting higher studies. In case of your untimely death, you can be assured that a tax-free lump sum of at least Rs 5 lakh is paid to your family. No other savings instrument tops this kind of guaranteed assurance. In case of an untimely demise, your loved ones will be assured of a tax-free lump sum of at least Rs 22.8 lakh. Thus, the retirement corpus is created, irrespective of unfortunate incidents. Our intuitive and paperless journey makes it very simple and easy to buy. iGuarantee Max Savings represents a significant step towards achieving Aegon Life’s vision of making every household financially secure by making life insurance affordable, easy, and accessible to all.”
