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Aegon Life Product

Life cover upto age of 100 years
Save Tax under sections 80cC 10(10D)
Increase your life coverage as per your requirements.

AEGON Life iTerm Insurance Plan

Protection that you can grow with”

Life Insurance,as the name suggests, is a small to pay today for having peace of mind for the future.In short, it gives your family the financial support
in the event of your untimely passing. Be it your home loan, car loan, child’s higher studies, your parents medical expenses or even your own retirement plans, your family will not have to worry in your absence.

Keeping in mind that the requirements of every family are different, Aegon Life offers multiple life insurance policies that meet all your needs.

WHAT IS AEGON LIFE’S CLAIM SETTLEMENT RATIO?

WHAT IS AEGON LIFE’S CLAIM SETTLEMENT RATIO?

The claim settlement ratio for Aegon Life for financial year 2016-2017 is 97.11%.
Their three-step claim process is designed with a clear objective to settle all valid claims with minimal trouble to their customers
and in the least possible time.

WHAT IS THE PROCESS FOR CLAIM SETTLEMENT WITH AEGON LIFE?

WHAT IS THE PROCESS FOR CLAIM SETTLEMENT WITH AEGON LIFE?

AEGON LIFE’S CLAIM SETTLEMENT IS A SIMPLE, 3 STEP PROCESS.


  • CLAIM INTIMATION AND REGISTRATION

    In the event of claim settlement, submit claim form and other relevant documents to your nearest Aegon Life Branch Office or their Head Office.


  • PAYMENT OF FUND VALUE

    Aegon Life aim at providing immediate assistance and support to customers who are in need. Keeping this philosophy in mind, if all the paperwork and relevant documents are in place, Aegon Life will pay out the fund value accrued under the policy to the beneficiaries as on the date of intimation of death.


  • SETTLEMENT/BENEFIT PAY OUT

    Once Aegon Life receives all the relevant documents, they will commence the process for claim immediately. Upon the verification of all documents, if everything is found to be in order, Aegon Life will ensure the release of all balance/complete death or rider benefit lump sum to you or a beneficiary.

    Electronic Claim Settlement with Aegon Life Insurance

    Now Aegon Life Insurance offers you the added benefit of Electronic Claim Settlement, where all claim settlements can be directly credited to the beneficiary’s account via NEFT transfer!

    Important information to the Policyholder or Claimant opting for NEFT:

    Before opting for NEFT option, please check if your bank offers NEFT services. In the event that it does not, the claim amount will be released as a cheque.
    Please mention all bank details in the claim discharge form.
    Please submit a cancelled cheque and a photocopy of the bank passbook where your bank/account details are mentioned.
    You will receive communication via your preferred form from the bank once the claim form is accepted.
    You can contact the nearest ALI branch or write to them at customer.care@aegonlife.com if your amount is not credited within 48 hours of receiving communication.
    Your policy will be rejected if the name on the form and the name in the bank details mentioned are different.
    Any changes in bank details after submission of NEFT claim forms will require you to submit a fresh set of forms.

DOWNLOAD CLAIM FORM

GET QUOTES

DOWNLOAD CLAIM FORM

GET QUOTES