back-arrow View All Plans
Aegon Life iTerm logo

Aegon Life iTerm

beshak-icon star
4/ 5
How we score
beshak ratings
INDIA’S FIRST UNBIASED, CONFLICT-FREE INSURANCE RATING
Overall Verdict

This product hits the sweet spot with its benefits and affordable pricing, with most of the top benefits, customization benefits, payment options. In fact, this is one of the cheapest products in the market. On the flipside, the insurer has a poor track record with respect to both purchase and claims service experience.

beshak ratings
Pros
  • Much cheaper than other products in the market
  • Offers the option to automatically increase your claim amount, with time
  • Several Limited Pay options available, to speed up payments
  • Critical illness rider is available, and the payout is in addition to the life cover amount
Cons
  • Received higher number of complaints on purchase process compared to other insurers
  • Received higher number of complaints on claim settlement compared to other insurers
  • Not many options to customize claim payouts
Detailed Review
Claims Experience 4.7/5 star green
Customer Service 3.7/5 star green
Product Benefits 2.9/5 star green
% of claims settled in less than 30 days
Reflects on the speed of settling valid claims
100%
% of Complaints received on overall claims
% customers unhappy with claims experience
0.11%
How complex is the Claim Form?
The longer, the more hassles during claims
Short
+ Show 8 more
Compare with other products
TOP 3 SUGGESTIONS FOR YOU
Max Life Smart Term Plan logo
Max Life Smart T...
beshak-icon star
4.3/ 5
Bajaj Allianz Smart Protect Goal logo
Bajaj Allianz Sm...
beshak-icon star
4.2/ 5
Aditya Birla Sun Life DigiShield Plan logo
Aditya Birla Sun...
beshak-icon star
4.2/ 5
Compare Now
Discover the best tips for insurance every week!