Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Claim, renew, manage & moreLogin
Hurry Up!
Save upto ₹54,600 in taxes under 80C & 80D. Buy a term insurance plan now!
View Plans

Aegon Term Insurance Benefits

130 reviews Rate This
Claim Settlement Ratio99.25%
Customer Care9:00 AM to 7:00 PM
Death Benefit Paid For344 Policies
Presence83 Branches
Total Death Benefit PaidRs. 64.60 Crore

Term Life Insurance Premium Calculator


  • Male
  • Female

Date of Birth


Do you smoke or chew tobacco?

  • Yes
  • No

Choose required coverage to secure your family’s future

Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification

Best Aegon Term Insurance Plans

1 Crore
2 Crore
    Tax Free
    1 Cr
Starting From 707/Month
24hr Claim Settlement
Key Features:
  • Zero Cost Benefit
  • Terminal Illness
  • Nominee's Choice payout
  • Voluntary Top Up
  • Tax Benefits
    Tax Free
    1 Cr
Starting From 857/Month
24hr Claim Settlement
Key Features:
  • Waiver of Premium on Disability
  • Terminal Illness
  • Life Stage Benefit
  • Tax Benefits
    Tax Free
    1 Cr
Starting From 771/Month
24hr Claim Settlement
Key Features:
  • Tax Benefits
  • Terminal illness
See More Plans

Benefits of Aegon Term Insurance

Aegon Life Term Insurance plans are a type of insurance plan that aims to satisfy the financial security requirements of the policyholder at a very affordable price in order to safeguard their future. By buying a term insurance plan, you can ensure financial support to your family members even in your absence i.e. if anything happens to you during the policy tenure, then the nominee is entitled to receive the sum assured from the insurance provider in order to meet the daily expenses and long term financial goals of the family members. Moreover, you are given the flexibility to enhance your coverage by including riders or add-on covers to your existing term insurance cover.

Why To Buy Aegon Life Term Insurance?

Aegon life term insurance plans extend multiple benefits to the policyholder, some of them are listed below:

  • Cost-Effective: Term insurance plans by Aegon Life insurance provides customers with great value for their money. These plans are not only comprehensive in nature but are also cost-effective. While the coverage for term insurance plans remains high, the premium payable is quite low. This is known to be one of the significant benefits of Aegon Term insurance plans.
  • Flexible Death Benefit Option: Aegon life term insurance provides their customers with flexibility in pay-out options for death benefits. A couple of options are presented forth the customers to choose from such as a lump sum payment option, fixed monthly income for around 100 months, or a combination of the two.
  • Longer Coverage: Generally, most of the term insurance plans offer coverage to a person for up to 70 years of age, but Aegon life term plans offer coverage to their customers for up to 80 years of age. Thus, making it one of the term plans offered in the market with the longest tenure.
  • Riders: With Aegon life term insurance plans, the customers are offered various kinds of both in-built and add-on riders. The in-built riders in the term plans by Aegon Life are critical illness and death benefit riders. Moreover, the customers are allowed more riders to the term plans as per their suitability.
  • Tax Benefits: As per section 80 C of the Income Tax Act, 1961, premium payable and sum assured of term insurance plans is tax exempted.

Aegon Term Insurance User Reviews

Write your review
What users are saying
  • All
  • InsuranceDekho offers family-focused term insurance plans, ensuring that all members of my family are covered ...

    Read More
    By Kamal Kishore
    On: Oct 03, 2023
  • I had to make changes to my Aegon Term Insurance Policy, and InsuranceDekho handled it efficiently. Their flex...

    Read More
    By Archana Sourabh
    On: Sep 21, 2023
  • I trust InsuranceDeko to provide dependable financial security for my loved ones. Their Aegon Term Insurance P...

    Read More
    By Poonam Kaushal
    On: Sep 15, 2023
  • I appreciate that InsuranceDekho's Aegon Term Insurance Policy is designed with families in mind. It provides ...

    Read More
    By Priya Chauhan
    On: Sep 08, 2023
  • Filed a claim for the Aegon Term Insurance Policy at InsuranceDekho’s website. I had some trouble unders...

    Read More
    By Sheela Chandani
    On: Aug 16, 2023
Must BuyMust Buy

Why to Buy Term Insurance Policy Online from InsuranceDekho

  • Tax benefit upto 1,50,000*
  • Claim support everyday 10AM-7PM
  • 50 Lacs+ happy customers

Term Insurance News

Aegon Term Insurance Contact Details

Reach us for help anytime

Claim Process at Aegon Term Insurance

  • 1

    Claim Intimation

    In the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
  • 2

    Submission of Documents

    Claim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
  • 3

    Claim Evaluation

    Once the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
  • 4

    Claim Settlement

    If claim request is approved, claim settlement is done within 30 days. If additional investigation is required, it make take 6 months.

Best Insurance Advisors in Your City.

FAQ About Aegon Term Insurance

  • What will I get if my Aegon Life Term Insurance policy matures?

    Aegon Life Term plan does not have a maturity benefit. The benefits will be paid out to the policyholder family in case of his/her death or to the policyholder in case if he/she is diagnosed with a terminal illness. If the policyholder chooses the critical illness benefit, the benefits would be paid out to the policyholder if he/she is diagnosed with any of the listed 36 critical illnesses.

  • Can I make changes to my Aegon term policy after I buy it?

    No, policy terms and the premium amount cannot be changed once the policy is bought.

  • Are terrorist attacks covered under the Aegon life term insurance policy?

    Yes, death due to terrorist attacks is covered under the Aegon term plan. The death benefit can be claimed by the policyholder nominee or the legal heir. 

  • How much life cover should I select when I buy an Aegon term plan?

    Your ideal life cover amount should depend upon your financial situation. Income and Liabilities should be taken into consideration. The basic rule to select your life cover is:

    • At age 30 years, life cover should be 20 times your annual income.
    • At age 40 years, life cover should be at 15 times your annual income.
    • At age 50, your life cover should be 10 times your annual income.
  • What is Critical Illness Cover?

    Critical illness cover is an additional benefit rider available with Aegon term plan which will provide the policyholder with a lump sum payout if diagnosed with listed 36 critical illnesses. There are no restrictions on hospitals or against any expenses incurred.

Find the right Aegon Term Insurance for you
By clicking, I agree to *terms & conditions  and privacy policy.