Ageas Federal Life Insurance Super Cash Plan (UIN: 135N099V01)

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

Features

 

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Life cover to provide a secured future to your loved ones.
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Immediate liquidity through Regular Income starting from the end of 1st policy year/ month.
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Guaranteed Booster after every 5th policy year to boost your savings.
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Enjoy lumpsum maturity benefit at the end of the policy term.
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Tax benefits may be available on the premiums paid and benefits received as per prevailing tax laws.
  1.  
  2. Super Cash Plan with SUPER benefits to enhance your cover:
    • Save The Date
    • Uninterrupted Income Benefit (UIB): An option to receive survival and maturity benefit even after the death of Life assured without payment of any future premiums.
    • Premium Offset
    • Exclusive Benefits for Female, Staff and Online policies
    • Rebate on High Sum Assured

Eligibility Criteria

Entry Age*

Minimum –

· 0 years (91 days) without Uninterrupted Income Benefit (UIB)

· 18 years with Uninterrupted Income Benefit

Maximum-

· 60 years without Uninterrupted Income Benefit

· 55 years with Uninterrupted Income Benefit

Maturity Age

Minimum –

· 18 years

Maximum

· 75 years for Premium Paying Term 6 and 8 Pay

· 85 years for Premium Paying Term 10, 12 and 15 Pay

Premium Paying Term (PPT)

6,8,10,12 and 15 Pay.

Policy Term**

Minimum –

Premium Paying Term

Minimum Policy Term

6, 8, 10, 12

[15] years

15

[20] years

Maximum – 60 years, Subject to maximum maturity age

Premium#

Minimum –

Premium Paying Term

Without Uninterrupted Income Benefit

With Uninterrupted Income Benefit

6 Pay & 8 Pay

Rs. 50,000/-

Rs. 50,000/-

10 Pay, 12 Pay and 15 Pay

Rs. 30,000/-

Rs. 50,000/-

Maximum – No Limit, as per Board Approved Underwriting Policy (BAUP).

Sum Assured

Minimum –

PPT

Without Uninterrupted Income Benefit

With Uninterrupted Income Benefit

6 Pay & 8 Pay

Rs. 50,000/-

Rs. 50,000/-

10 Pay, 12 Pay and 15 Pay

Rs. 30,000/-

Rs. 50,000/-

Maximum – No Limit, as per Board Approved Underwriting Policy (BAUP).

Premium Payment Frequency

Yearly, Half-Yearly & Monthly

Modal Loadings applicable for Premium Payment Modes:

Mode

Modal Loadings

Yearly

1

Half-Yearly

0.51

Monthly

0.09

Income Payout Frequency

Yearly, Half-Yearly & Monthly

 

All ages are as per last birthday. *Only Parent, Grandparent or Legal guardian can be the Policyholder, in case where Life Assured is a minor. **In case of minor lives being Life Assured, the minimum Policy Term shall be calculated as: 18 years less Life Assured Entry Age #Premium is exclusive of Goods and service tax and any other cess, underwriting extra premium (if any).

Brochures

Life insurance Related Products

Disclaimer

Disclaimer


This sales literature gives only the salient features of the Ageas Federal Life Insurance Super Cash Plan. It uses easyto-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 Super Cash Plan is a A Non-linked, Participating, Individual Life Insurance Savings Plan (UIN: 135N0XXV01). The product is underwritten by Ageas Federal Life Insurance Company Limited (IRDAI Regn. No 135; Corporate Identity Number (CIN) - U66010MH2007PLC167164) having its corporate and 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.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.

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.