Aegon Life’s iGuarantee Max Savings Plan guarantees you tax-free returns along with a host of benefits.
My mother used to save little money from household expenses and keep it in a small box in the kitchen. By continuing this for several years, he had accumulated a substantial amount, which was enough to put me through college and lead me on the career path I’d always dreamed of. Whenever I think of that little box, all I can think of is how small but disciplined savings can make a huge difference in our lives. Even small savings can give us big returns.
As someone who plans spending and savings keeping in mind the family income, I am always on the lookout for products that can help me meet my financial goals. So, when I came to know about Aegon Life’s iGuarantee Max Savings Plan, my heart was curious to know more about this product. Below is what I know and understand:
Guaranteed Returns That Are Completely Tax-Free!
You get up to 6.34% returns in the iGuarantee plan. This is equivalent to the returns you get on a fixed deposit in a bank. But the only difference between the two is that you have to pay tax on bank returns, while iGuarantee returns are 100% tax-free. In this way, you get the full amount of interest along with your deposited capital.
it is very economical
There are many savings plans in which you need a huge amount to invest. But iGurantee understands that many of us can only deposit small amounts of money. Hence, you can start saving with as little as Rs 500 every month. No savings plan offers this minimum amount! It does not put any burden on your pocket and all kinds of people – even housewives and self-employed people can buy this plan.
Advantage of life insurance:
No one knows what will happen in the future, but a life insurance policy takes this into consideration as well. In case of your death due to an unfortunate event, your family is paid a lump sum amount of at least Rs 5 lakh, which is completely tax-free and is approximately 11 times your annualized premium Is. Your goal of saving for your child’s education remains intact. No other savings instrument offers more assurance with a guarantee.
You can buy it online – very easy!
There is no need for paperwork in this process, as well as no documents are needed for this. All you have to do is enter your PAN or Aadhaar number, after which your KYC process is complete. You do not need to visit any branch or submit photocopies of any documents.
Aegon Life has offered one of the easiest ways to start a savings plan, for which I congratulate them. You simply visit Aegon Life’s website and customize the plan keeping in mind your needs. The process is completed in just a few clicks. Unlike other savings schemes – it can be withdrawn immediately. Also, most of the companies and their policy sales people call you from time to time to buy their products, but Aegon Life promises you that you will never face the problem of unwanted phone calls from the company to sell you the products. Don’t have to do it.
This plan is very convenient
iGuarantee Max Savings Plan is flexible enough to help you meet your life goals at different life stages – be it your child’s education or saving for the down-payment of a new car Yes, or you may be talking about saving for retirement.
You can choose any option keeping in mind your needs. For example, if you are the parent of a 3-year-old child, you can also deposit Rs.3,000/- every month for the premium paying term i.e. 10 years. You can set your policy payment term to be 15 years, so that when your child turns 18, you can get around Rs.6.5 lakhs, completely tax-free, well in time for your child’s college studies ! Since you have paid only Rs 3.6 lakh as premium, the guaranteed returns are not bad by any means.
benefits of life insurance
If my mother had not deposited money in that box every month, my college dreams might have remained unfulfilled. But if anything had happened to him, I would have had to leave my studies and would never have got my career. No one knows what will happen in future, so iGuarantee comes with life insurance policy. In case of your death due to an unfortunate event, your family is paid a lump sum amount of at least Rs 5 lakh, which is completely tax-free and is approximately 11 times your annualized premium Is. By saving more amount, your life insurance cover also becomes bigger. This means, your dream of saving for your child’s education lives on even when you are not around. No other savings instrument offers more assurance with a guarantee.
many additional benefits
If you wish, you can also add additional benefits like add-on riders to iGuarantee. In this way, the scope of your coverage increases considerably, and you get the benefit of coverage even in case of a serious accident or suffering from a critical illness. We only wish that you stay healthy and fit and enjoy 100% tax-free returns during the entire policy term.
Additional Rewards: The company also rewards you for being a loyal and regular customer. After paying your premiums regularly for 5 years, you get ‘Guaranteed Additions’ every year from the 5th year of your policy term and you get ‘Loyalty Additions’ at the end of the policy term.
proven track-record
Aegon Life is a part of Aegon Group, a global company with an impeccable track-record. It is a 100% digital life insurance company, which is known for settling claims in the shortest possible time and with great efficiency. Now this company has come up with a completely risk free savings plan which everyone must have.
Keeping in mind my goal of saving capital, I have chosen iGuarantee. Will you do the same?
Source: dainikbhaskarup.com
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