Aegon Life iInvest Insurance Plan

Aegon Life iInvest insurance is an online, non-participating, ULIP (Unit Linked Insurance Plan), life insurance plan that comes with a combination of investment and protection. Suitable for both, market experts and first-time investors, Aegon Life iInvest offers 100% returns of premiums on the amount invested.

Read more
Best Investment Plans
  • Guaranteed Tax Savings

    Under sec 80C & 10(10D)
  • ₹ 1 Crore

    Invest 10k Per Month*
  • Zero LTCG Tax

    Unlike 10% in Mutual Funds

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply

*Please note that the quotes shown will be from our partners
Grow Your Wealth !
Best Plans with High Returns available on one platform
+91
View Plans
Please wait. We Are Processing..
Plans available only for people of Indian origin By clicking on "View Plans" you agree to our Privacy Policy and Terms of use #For a 55 year on investment of 20Lacs #Discount offered by insurance company Tax benefit is subject to changes in tax laws
Get Updates on WhatsApp

With no premium allocation charges, flexible payment options, and multiple other benefits, this online insurance plan helps in achieving the future financial goals of the investors.

Here is all you need to know about the Aegon Life iInvest Insurance plan.

Aegon Life iInvest Insurance Plan Features

The following are the key features under the Aegon Life iInvest Insurance Plan:

  • Helps in achieving the financial goals

  • Accumulates funds and allows withdrawals in case of any unforeseen situation

  • Offers flexibility in switching between the premium payment options

  • Offers tax benefits as per the Income Tax Laws

  • Comes with a simple and hassle-free online purchasing process

  • Ensures investments are made in the funds of the investors choice

  • Maximizes profits and helps to accumulate a lump sum at the time of retirement

  • Can invest in 2 forms of portfolio strategies

    • Self-managed portfolio strategy

    • Lifestyle portfolio strategy

Aegon Life iInvest Insurance Plan Benefits

The following are the key benefits under the Aegon Life iInvest Insurance Plan:

  1. Death Benefits

    In case of death of the policyholder before the maturity date of the policy, only if the policy is still in force, the nominee of the life assured is eligible for the following death benefits:

    1. Base Death Benefit

      The base death benefit is the higher of:

      • Base sum assured, or

      • Base fund value

      Where base death benefit is the minimum of 105% of total premiums (regular) paid to date.

    2. Top-up Death Benefit

      The top-up death benefit is higher of any of the following:

      • Top-up fund value, or

      • Top-up sum assured

      Where top-up death benefit is a minimum of 105% of total premiums (regular) paid to date.

  2. Maturity Benefit

    Under the maturity benefit in Aegon Life iInvest Insurance Plan, the total fund value is paid at the time of maturity of the policy, only if the policy is still in force.

  3. Loyalty Benefit

    The policyholder is eligible for loyalty units in the last 5 years if the policyholder pays their premium duly for the policy terms of 15 years, 20 years, or 25 years.

    Premium Payment Term Loyalty Unit Addition %
    5 / 7 years 1.70%
    10 years / Equal to PT 1.80%

    The loyalty unit is calculated based on the average base fund value in the preceding 48 months.

  4. Switch Benefit

    Switching between portfolios is allowed under the Aegon Life iInvest Insurance Plan. The policyholder can switch from a Lifestyle portfolio to a Self-Managed portfolio anytime they wish to during the policy tenure, but in case of switching from a self-managed portfolio to a lifestyle portfolio, the switching is allowed only once a year.

  5. Withdrawal Benefit

    Partial withdrawals can be made only after the completion of 5 years of the policy as per the policy documents. A maximum of 20% of the fund value amount can be withdrawn.

  6. Tax Benefit

    The policyholder is eligible for tax benefit on the premium paid under Section 80C and 10(10D) of the Income Tax Act, 1961.

Eligibility Conditions and Other Restrictions

Parameter Eligibility
Entry Age Minimum: 7 years Maximum: 55 years
Maturity Age Maximum: 70 years
Policy Term 10 years, 15 years, 20 years, 25 years
Premium Payment Term 5 years, or 7 years, or 10 years, equal to the Policy Term
Minimum Premium 5 years - Rs.48,000 7 years - Rs.36,000 10 years or equal to policy term - Rs.24,000
Maximum Premium No limit, subject to underwriting
Premium Payment Frequency Monthly & Annual
Minimum Sum Assured on Death Age at the entry less than 45 years: Higher of (10 X Annualised Premium) OR (0.5 X Policy term X Annualised Premium) Age at the entry of 45 years and above: Higher of (10 X Annualised Premium) OR (0.25 X Policy term X Annualised Premium)

Aegon Life iInvest Insurance Plan Investment Portfolio Strategy

  1. Self-Managed Portfolio Strategy

    Fund Name Risk Profile Money Market Instruments Equities Fixed Interest Securities Objective
    Blue Chip Equity Fund High 0% to 20% 80% to 100% 0% This fund offers Long-term capital appreciation. Investment is made in diversified portfolios.
    Accelerator Fund High 0% to 20% 80% to 100% 0% This fund offers diversity in the portfolio by investing in different equities across different sectors. Can invest in money market instruments and fixed interest assets up to 20%
    Stable Fund Moderate 0% to 40% 20% to 80% 20% to 80% This fund maintains the balance between debt and equity exposures and offers stable long-term returns.
    Secure Fund Low 0% to 40% 0% 60% to 100% This fund generates income with a high liquidity level while maintaining the capital. Invests in short-term fixed interest assets and money market instruments.
    Debt Fund Moderate 0% to 40% 0% 60% to 100% This fund generates high returns by investing in money market instruments, government debts, fixed income securities, and corporate debts.

    ”The investment risk in investment portfolio is borne by the policyholder”.

  2. Lifestyle Portfolio Strategy

    Years to maturity Allocation to various funds
    Secure Fund Debt Fund Blue Chip Equity Fund
    25 years 0% 0% 100%
    24 years 0% 0% 100%
    23 years 0% 0% 100%
    22 years 0% 0% 100%
    21 years 0% 0% 100%
    20 years 0% 0% 100%
    19 years 0% 0% 100%
    18 years 0% 0% 100%
    17 years 0% 0% 100%
    16 years 0% 0% 100%
    15 years 0% 0% 100%
    14 years 0% 0% 100%
    13 years 0% 0% 100%
    12 years 0% 0% 100%
    11 years 0% 0% 100%
    10 years 0% 10% 90%
    9 years 0% 20% 80%
    8 years 0% 30% 70%
    7 years 0% 40% 60%
    6 years 0% 50% 50%
    5 years 0% 60% 40%
    4 years 0% 70% 30%
    3 years 10% 70% 20%
    2 years 20% 60% 10%
    1 year 40% 60% 0%

    ”The investment risk in investment portfolio is borne by the policyholder”.

Documents Required for Aegon Life iInvest Insurance Plan

The following documents are required for purchasing the insurance plan:

  • Passport size photographs

  • Identity proof

  • Address proof

  • Age proof

  • Income proof

  • Bank account details

Aegon Life iInvest Insurance Plan is an easy, simple, hassle-free online insurance plan that is affordable and offers maximum return benefits. So, even if the policyholder is a first-time investor or a market expert, Aegon Life iInvest Insurance Plan has something beneficial for all.

Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Average Rating
(Based on 27 Reviews)

Ulip plans articles

Recent Articles
Popular Articles
Bajaj Allianz ULIP Plan Calculator

18 Jan 2022

Bajaj Allianz ULIP calculator is a specifically developed tool...
Read more
LIC ULIP Plan Calculator

18 Jan 2022

This LIC ULIP calculator is a specifically developed tool which...
Read more
Axis ULIP Calculator

18 Jan 2022

This Axis ULIP calculator is a specifically developed tool which...
Read more
SBI ULIP Plan Calculator

18 Jan 2022

This SBI ULIP calculator is a specifically developed tool that...
Read more
Bajaj Future Gain

24 Nov 2021

The Bajaj Future Gain plan is a unit-linked insurance plan that...
Read more
ULIP Calculator
A ULIP calculator is a specifically developed tool which helps the insurance buyers to calculate the premium...
Read more
11 ULIP Charges You Should Know About
Unit-Linked Insurance plan (ULIP) offers dual benefits of insurance and investment. Unlike traditional insurance...
Read more
SBI Life Smart Privilege Plan - All You Need to Know About Benefits & Features
One of the most trusted life insurance companies in India, SBI Life has recently come up with a new SBI Life...
Read more
ULIP Fund Returns
ULIP or Unit Linked Insurance plan  provides a combined benefit of investment and life cover. According to the...
Read more
LIC ULIP Plan Calculator
This LIC ULIP calculator is a specifically developed tool which helps the insurance buyers to calculate the...
Read more

Aegon Life INVEST PLAN Reviews & Ratings

4 / 5 (Based on 27 Reviews)
(Showing Newest 10 reviews)
Ayush
Firozpur, October 14, 2016
Jasmit Kukreja
Ulip insurance policy of my family has nice services and very beneficial. Policy coverage is good ~89% and the claiming procedure is simple, online services makes more easy and reduces the paperwork, documentations. Online portal helps to renew the insurance policy by few clicks.
Neeraj
Dangar, September 23, 2016
Wonderful
Aegon life insurance is the top most insurance company. I took the ulip insurance policy through them in low premiums and the coverage is high as compared to premium. Service is perfect given by the team of the company. The online renewal option is the best service and the many updates can be checked on the website.
Deepanishi
Athagarh, August 24, 2016
High Paybacks
I have bought ulip insurance policy, it has great service and the online renewals is the best. The fast service reduces paperwork and long waiting. The behaviour of the company staff is very well. Policy coverage and claims are pretty good. The update mails are send to me regularly.
Pramond
Wazirganj, August 02, 2016
ULIP Policy
Service provided by the aegon is superb and on time too. I purchase ulip insurance plan and its really very awesome with full coverage. The claiming become very simple due to internet service and the renewals are simple to do by online portal service.
Lokesh
Nasik, July 15, 2016
ULIP Plan
My ulip plan is very nice which i buy from aegon life insurance. Policy coverage is good and the claims are easy to cleared because of fast service facilitate by the staff of the company. Premium is less and the renewal of the plan is easy through online service.
Himmat
Jetpur, July 04, 2016
My plan
Ulip insurance plan of mine is awesome with great benefits during and after the policy. The premium is low and policy cover's most of the cases. Claiming is easy due to quick service given by the staff. Internet service is simple, so easy renewals and other updates too.
Sumit
Bhubaneshwar, June 27, 2016
Good
I have ulip insurance plan which I bought in low premiums. Service provided by the company members is awesome and with very calm nature. Policy coverage is high. The premium is payed by online too through different gateways like through credit card or debit card. Hassle free documentation and regular updates of the insurance policy.
Kunal
Bangalore, May 06, 2016
Not Satisfied
The aegon life ulip plan policy i have provide less returns. The policy coverage is okay 79% and the claims are normal. Services are even good but just the payback amount is not good enough as comparing to the premiums. Not satisfactory to me.
Tanishk
Durgapur, May 06, 2016
Awesome
My ulip policy plan is from aegon religare life insurance and the policy is the best because the policy has many benefits like the accident insurance is inbuilt in this policy. Policy coverage is high and the premiums are low. Claims are 1.25 times of the investment. The service is fast and very quick. I like the plan.
Umakant
Bareilly, May 06, 2016
Perfect Policy
The insurer provide me good policy coverage with low premiums. The aegon life ulip plan i have which have 90% coverage and the claims are ~43 L minimum. The investment is 29.7 K per year with extra benefit that is it includes the inbuilt accidental death benefit. Great future investment.
top
  • Zero% commission
  • No hidden charges
  • One click easy refund
  • 100% calls recorded
Invest ₹10k/month Get ₹1Cr
Tax free on maturity*
Mobile +91
*T&C Applied.
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL