AEGON Religare EduCare Advantage: An Insight

SMC | April 7, 2015, midnight

AEGON Religare EduCare Advantage is a non-linked participating insurance plan.

This plan is ideal for parents who:

- Want to be prepared for their childs education expenses

- Want to secure their family future

Key Benefits:

Maturity Benefit -

Guaranteed payout in the last 4 years + accrued bonus

  End of                      Payouts

4th last year            40% of Sum Assured

3rd last year            20% of Sum Assured

2nd last year            20% of Sum Assured

Last Year                20% of Sum Assured

(Maturity Benefit)

Death Benefit

- Guaranteed Death Benefit + Accrued Bonus

- Waiver of future premiums

- Guaranteed Payouts in the last 4 years


- Limited Premium payment plan

- Choice of Policy Term

- Earn Bonus* on Sum Assured, starting from the first year every year till maturity, which is payable on death or maturity whichever is earlier

Other Benefits

- Option to continue as a paid-up policy after paying 1st year premium

- Loan against your policy

- Extra protection by opting for ADDD rider

Disclaimer: Insurance is the subject matter of the solicitation. The product writeup is indicative of terms & conditions, warranties & exceptions contained in the insurance policy. The information contained here must be read in conjunction with the Policy Document. In case of any conflict, the terms mentioned in the Policy Document shall prevail. For more details on the risk factors, term and conditions please read sales brochure carefully before concluding the sale. The name of the plan, the name of the company and the name of the brand do not in any way indicate the quality of the plan.

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