AEGON Religare Life Insurance launches Guaranteed Growth Insurance Plan

 

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."