AEGON Religare has launched Term Insurance Plan

AEGON Religare Life Insurance (ARLI) has launched a term insurance plan that provides two death benefit options and an in-built accidental death cover.

The minimum age of entry to avail the plan is 20 years and the maximum is 65 years. While the maximum age at maturity is 75 years and the minimum sum assured is Rs 10 lakh.

The term options under the plan ranges from 10 years to 40 years, or cover up to 75 years of age.

The plan also provides life cover up to age of 75 years besides giving an option to add three riders like critical illness, woman care, total and permanent disability rider besides tax benefits.