Aegon Life iMaximize Single Premium Insurance Plan

This is a unit linked insurance plan. Aegon Life iMaximize Single Premium Insurance Plan aims to maximize your investments. It has no premium allocation charges, thus increasing the availability of more fund for investment.

Key Features

  • Single Premium! No further commitment
  • You can choose from 6 Unit linked funds viz. Blue Chip Equity Fund, Accelerator Fund, Opportunity Fund, Stable Fund, Debt Fund, and Secure Fund as per your investment objectives.
  • Option to boost your Fund Value through Top-Ups.
  • Option of partial withdrawal in case of any sudden contingencies in future.


  • Maturity Benefit
On Maturity, you receive the Total Fund value (including the Top-Up Fund Value) as on the maturity date
  • Death Benefit
In case of an unfortunate demise of the Life Assured, the nominee receives highest of Sum Assured or Fund Value or 105% of all the premiums paid. In case a Top-Up fund exists, higher of Top-Up Sum Assured or Top-Up Fund Value will also be paid. The Policy terminates thereafter
  • Tax benefit
The Premium(s) paid by you are eligible for tax beneļ¬t available under the provisions of Section(s) 80C, 80 CCC (1), 80D, 10(10D) as applicable.

Am I eligible?

ENTRY AGE 8 years 65 years
MATURITY AGE 18 years 60 years last birthday
SUM ASSURED 110 % of single premium 125 % of single premium
POLICY TERM 10/5 years
PAYMENT MODE One-time payment

What if?

I am unable to pay on time

  • A grace period is provided based on the payment frequency. The policy is continued if you make the payment within the time period else the policy is lapsed.

I stop the payment

  • On the completion of the grace period the policy will get lapsed and the benefits cannot be claimed on the death of the life insured.

I wish to take a loan

  • No loan options are available for this policy


Suicide Benefit

  • In case of death of the Life Assured due to suicide within 12 months from the date of commencement of risk or from the date of revival of the policy, the nominee or beneficiary shall be entitled to the Fund Value, as available on the date of death. Any charges recovered subsequent to the date of death of the Life Assured shall be paid-back to the nominee or beneficiary along with the death benefit.