Ageas Federal Life Insurance Assured Income Plan (UIN: 135N083V04)

A Non-linked, Non - Participating, Individual, Savings, Life Insurance Plan

Features

 

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Life cover to secure your loved ones
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Receive Guaranteed Regular Income basis your plan options*
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Receive Guaranteed Maturity Booster at maturity along with the last Guaranteed Regular Income (GRI)
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Flexibility to choose Premium payment term or Policy term
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Tax benefit may be available on the premiums paid and benefits received as per prevailing tax laws.
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Choose from three plan options Short Term Income, Long Term Income & Lifelong Income to suit your needs

 

Receive Guaranteed Regular Income basis your plan options*

 

  • Short Term Income option offers you Guaranteed Regular Income (GRI) for 10 years
  • Long Term Income option offers you Guaranteed Regular Income (GRI)for 25 or 30 years basis the policy term chosen
  • Lifelong Income option offers you Guaranteed Regular Income (GRI) till the end of the policy term

Eligibility Criteria

   

Plan Option

Eligibility Criteria

 

Short Term Income and Long Term Income

Lifelong Income

Age at entry

*(last birthday)

Minimum

PPT

Age

5

12

50

7

10

12

5

Maximum

60

 

Age at Maturity
*(last birthday)

Minimum

28

Maximum

PPT

Short Term Income

Long Term Income

Lifelong Income

5

76

96

100

7

78

98

12

83

 

 

Premium*

Minimum

Yearly : 30,000

Premium

Maximum

No limit (subject to board underwriting policy)

Premium Payment Mode

Yearly

 

 

Premium Paying Term /
Policy term Combination

Policy Term

PPT

Short Term Income

Long Term Income

Lifelong Income

5

16

36

100 minus
Age at Entry

7

18

38

12

23

 

Brochures

Life insurance Related Products

Disclaimer

This sales literature gives only the salient features of the Ageas Federal Life Insurance Assured Income Plan. It uses easy-to-understand language to explain the features. Your plan is governed only by the full legal terms, conditions and exclusions as contained in the policy document. There are no riders attached to this plan. Please read the policy document for more details.
Ageas Federal Life Insurance Assured Income Plan is a Non-linked, Non-participating, Individual, Savings, Life Insurance Plan (UIN: 135N083V01). The product is underwritten by Ageas Federal Life Insurance Company Limited (IRDAI Regn. No 135; Corporate Identity Number (CIN) - U66010MH2007PLC167164) having its registered office at: Ageas Federal Life Insurance Company Limited (Formerly known as IDBI Federal Life Insurance Company Limited), 22nd Floor, A Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel – East, Mumbai – 400013. Website: www.ageasfederal.com. Toll-Free: 1800 209 0502. Trade Logo displayed above belongs to The Federal Bank Limited and Ageas International Insurance N. V. and used by Ageas Federal Life Insurance Company Limited under license from respective partners. Ageas Federal Life Insurance Company Ltd. does not assume responsibility on tax implication. ARN: 16544/AIP/ENG/Print-PB/Aug22.

The Federal Bank Limited is a Corporate Agent having registration number - Regn. No. CA0227.  The service provided by The Federal Bank Limited is purely an agency service and is carried out strictly on a non-risk participation basis. The Federal Bank Limited, as corporate agent, does not underwrite the risk or act as an insurer. Participation by the Federal Bank’s customers in the insurance product is purely on a voluntary basis and is not linked to the availment of any other facility from the Federal Bank Limited.

 

BEWARE OF SPURIOUS/FRAUD PHONE CALLS
IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.