AEGON Religare Life Insurance launches Guaranteed Growth Insurance Plan

Aimed at customers who are looking at a steady return over the medium term

M Saraswathy Mumbai
Last Updated : Nov 20 2013 | 12:06 PM IST
 
Private life insurer AEGON Religare Life Insurance (ARLI) has launched its AEGON Religare Guaranteed Growth Insurance Plan. This plan is aimed at customers who are looking at a steady return over the medium term while minimising risk.

This plan offers the customer an eight-year premium paying term and a ten-year policy term. At the end of the policy term, the customer gets an annual return equivalent to 150% of the premium, paid for a period of eight years.

Yateesh Srivastava, Chief Operating Officer of ARLI said, "The AEGON Religare Guaranteed Growth Insurance Plan comes with a simplified proposal form, requires no medical examination and can be issued very quickly. It carries with it the benefit of providing a guaranteed return to customers for a period of eight years, after the policy term. It is an ideal plan for a medium-term investor who needs the security of growth, without undue risk."

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First Published: Nov 20 2013 | 11:55 AM IST

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