Aegon Life Insurance Company Limited (formerly Aegon Religare Life Insurance Company Limited), an international provider of life insurance, pensions and asset management launched its pan-India operations in July, 2008 following a multi-channel distribution strategy with a vision to help people plan their life better through its term insurance, child plans, and pension plans.
The company offers one pension plan that offers immediate annuity payments to take care of basic financial needs.
|Entry Age of the Annuitant||Minimum – 50 years | Maximum: 75 years|
|Entry Age of Spouse||Minimum- 50 years | Maximum: 75 years|
|Premium Payment Term||Single Premium|
|Premium||Min: Rs. 1 lakh | Max: No limit|
|Annuity Pay-out Mode||Yearly or monthly|