AEGON Religare Life Insurance is a recent entrant in the insurance market in India. In the article, get the profile of AEGON Religare Life Insurance Company Ltd.

AEGON Religare Life Insurance

AEGON Religare Life Insurance Company Ltd (ARLI) is a joint venture of AEGON, Religare and Bennett, Coleman & Company. While AEGON in one of the world's leading life insurance and pension groups, Religare is a prominent player in the global financial services and Bennett-Coleman & Company is India's largest media house. This insurance company began its operation in July 2008. Within a short span of time, it has spread across India and currently boasts of over 100 branches in the country.

ARLI offers a multitude of benefits to its customers. Talking about the individual stake holders, AEGON serves over 40 million customers in as many as 20 markets spread across the world. Headquartered in Hague, Netherlands, AEGON carries out major operations in the United States, the Netherlands and the United Kingdom. The company has a heritage of more than 160 years and holds 26% equity in ARLI. Religare Enterprises Limited (REL) is a significant player in the field of retail, institutional and wealth spectrums. It has a diverse and wide base of clientele and holds 44% equity while the rest 30% is held by Bennett, Coleman & Co. Ltd. (BCCL) which is a mammoth name in the field of media and is also India's largest media house.

Products

Life Insurance Plans

Protection Plans
Protection plans at ARLI are low cost life insurance plans that cover the insured and his/her family against financial liabilities in case of any unfortunate event. They are term plans and provide only life cover.
Saving Plans
Savings plans are designed to help you to save money for all your long term goals and ambitions. These goal-based financial solutions offer you a great opportunity to create wealth. The products offered under this category are:
Child Plan
Child Plans helps you achieve future goals regarding the education and other requirements of your child even in your absence. They also offer 100% fund value on maturity along with numerous other benefits.
ULIPs
ULIPs are innovative forms of life insurances that promise healthy returns on investments along with life cover i.e. they provide both protection and investment benefits.
Retirement Plans
Retirement is the time when you get to sit back, relax and enjoy the fruits of the labour that you put into your professional life. But to be on the safer side-and to avoid being dependent on others during post-retirement-you must consider investing in plans that not only provide for excellent savings but ensure timely post-retirement benefits. In this genre, Religare provides the following plans:
Group Gratuity
Such plans are generally taken up by groups of people who intend to save for the rainy day. Gratuity plans, as the name suggests, are essentially retirement benefist but do not have any contributions from employers. ARLI offers "AEGON Religare Group Gratuity Plan" for this purpose.

Health Plans
Health issues can happen any time bring huge expenses along with them. Health plans at AEGON Religare covers all cases of hospitalization and surgeries-even day care ones-and also offer guaranteed renewability up to 85 years of age.
Contact Address
AEGON Religare Life Insurance
2nd Floor, Paranjpe B Scheme
Subhash Road, Near Garware House
Vile Parle (E), Mumbai - 400 057
Website: www.aegonreligare.com