Features

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A Non-linked, Participating, Individual Life, Savings Insurance Plan
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Bonus declared will help build your corpus
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Choice of policy terms and premium payment terms tailor-made to suit individual needs
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Security for family through out the Life Cover
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Tax benefit on premium paid and maturity received as per prevailing Income Tax Laws

 

Eligibility Criteria

Age at Entry of Life Assured (last birthday) Min* 0 years for PT 20
Min* 3 years for PT 15
Min* 7 years for PT 11
Max 50 years for PT 11
Max 55 years for PT 15 and 20
Age at maturity of the Life Assured (last birthday) Min 18 years
Max 75 years for PT 20
Max 70 years for PT 15
Max 61 years for PT 11
Premium (Exclusive of Goods and Services Tax of cess as applicable) Min Yearly Rs. 18,000/- p.a
Half yearly Rs 20,000/-pa
Max No Limit (Subject to board underwriting policy)
Policy Term / Premium Paying Term Combination Policy Term | Premium Paying Term
(years) | (years)
11 | 6
15 | 10
15 | 15
20 | 10
20 | 15
Premium Frequency Annual / Half Yearly(Fixed)

 

Life insurance Related Products

Disclaimer :

 

For more details on risk factors, terms and conditions, please read the Sales Brochure carefully before concluding a sale. Life insurance coverage is available in this plan. Bonuses are linked to the profits of the participating life fund and depend on the future experience and performance of the fund Ageas Federal Life Insurance Life Advantage Plus Plan is a non-linked, participating, individual life, savings insurance plan (UIN 135N078V01). The product is underwritten by Ageas Federal Life Insurance Company Limited (Formerly known as IDBI 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, 22nd Floor, A Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel – East, Mumbai – 400013. Website: www.ageasifederal.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. Please note that tax laws may change from time to time. Consult your tax advisor for determining the Tax benefits applicable to you. Federal Bank is a Corporate Agent of Ageas Federal Life Insurance Company Limited having its registration number (Regn. No. CA0227) and Registered office at P.B. No.103, Federal Towers, Aluva, Ernakulam, Kerala-683101. The corporate agent does not underwrite the risk or act as an insurer. Participation of the Federal Bank customers is on a voluntary basis. 

 

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.