AEGON Religare Life Insurance today launched its unit linked insurance plan 'AEGON Religare Invest Maximiser Plan,' which it claimed was a ULIP with the highest IRR currently available in the industry.
This plan has the lowest charges which help customer maximise their investments, AEGON Religare Chief Executive Officer, Rajiv Jamkhedkar, told media persons here.
"The AEGON Religare Invest Maximiser Plan is aimed at providing the customer with the highest value and is a reiteration of our core strategy of being customer-centric both in terms of products as well as service and overall experience," Jamkhedkar said.
The AEGON Religare Invest Maximiser Plan offers the lowest premium allocation charge in the industry. The charges are at five per cent for the first year and two per cent from second to fourth year and no charges from fifth year of the policy, he said.
The company also offers guaranteed special units to the policy holders starting from the end of the 10th policy year, and every third year thereafter, he said adding that the life cover is up to five times the annualised premium.
The minimum entry age is 90 days and maximum 50 years, with a minimum annualised premium of Rs 12,000.
