To Buy: 1800-120-4433 (9:00AM - 7:00PM)

Landing here wasn't
rocket science.
Neither is taking off with the

  • 97.11%^ claim
    settlement ratio

  • Most recommended
    Insurance Brand by MouthShut#

  • TOI and Aegon

  • E-Business Leader
    5 Times in a row##

    Save Tax with Aegon Life iTerm Insurance Plan

  • Message Here

  • *By submitting my contact details I authorize Aegon Life Insurance to Call or SMS me with reference to this enquiry. This overrides the DND registration.

Saving tax is not rocket science

Step 1

Look for Tax deductions:
A lower income means lower tax, right? That’s what a tax deduction helps you do—cut taxable income to reduce your income tax.

Look for Tax exemptions:
If the income is not taxed to begin with, then no or less tax, right? That’s what a tax exemption gets you—zero or lower tax.

Step 2

Know what gets you tax deductions?

  • Tax-saving instruments that

lower taxable income by Rs 1.5 lakh

  • Health and life insurance policies
  • Home loan interest, principal repayments
  • House rent payments
  • Interest repayment on educational loan
  • Interest repayment on educational loan
Step 3

Choose from the 10 tax-saving investments for a Rs 1.5-lakh tax deduction

  • Term life insurance
  • Unit-linked Insurance Plans
  • Return-of-Premium Insurance Plans
  • Pension, Endowment Plans
  • Tax-saving mutual funds (ELSS)
  • Public Provident Fund (PPF)
  • Employee Provident Fund (EPF)
  • National Pension Scheme (NPS)
  • 5-year Bank, Post Office Deposit
  • Senior Citizens Savings Scheme
Step 4

Why insurance is the right tax-saving instrument

  • Tax-saving returns: Zero tax on returns from

Life Insurance Plans as per Section 10(10D)

  • Wealth creation: Returns generated by the investment component of ULIP Plans
  • Extra tax benefits: Tax deduction on life insurance premium paid for spouse, children
  • Flexibility: Switch between Equity and Debt through ULIPs without incurring tax
  • Tax-free payments: Zero tax on Death/Maturity benefit payout by Life insurance Plans
  • Regular income: Monthly payments for retirees by Pension/Endowment Plans