Ageas Federal Life Insurance Group Loan Secure Plan (UIN 135N081V02)
A single premium, non-linked, non-participating, group credit term plan
Features
Eligibility Criteria
| Criteria | Minimum/ Maximum | Ageas Federal Life Insurance Saral Pension Plan |
|---|---|---|
| Entry Age | Minimum | 18 years |
| Maximum | 65 years | |
| Cover ceasing age | Minimum | 20 years |
| Maximum | 75 years | |
| Death sum assured | Minimum | Rs 5,00,000 per member |
| Maximum | No limit | |
| Cover Term | Minimum | 2 years |
| Maximum | 30 years (including moratorium period, if any) | |
| Policy Term | Whole of Life | |
Exclusion – One year suicide Exclusion clause. If the life insured commits suicide within 1 year of inception of the plan, he/she is not eligible for claim.
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Disclaimer:
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.