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Ageas Federal Life Insurance
Group Microsurance Plan II
Non-Linked, Non-Participating, Group Life, Pure Risk Premium, Micro Insurance Plan (UIN: 135N086V03)
Ageas Federal Life Insurance
Group Microsurance Plan II
Non-Linked, Non-Participating, Group Life, Pure Risk Premium, Micro Insurance Plan (UIN: 135N086V03)
REASONS TO INVEST
Why this plan suits your needs
| STAGE | MINIMUM | MAXIMUM |
|---|---|---|
| Age At Entry | 18 Years | 70 Years |
| Cover ceasing age of the member | 18 Years | 75 Years |
| Death Sum Assured | Rs. 5,000 | Rs. 2,00,000 |
| Group size | 5 lives | No Limit |
Cover term
| Minimum | Maximum |
|---|---|
| Single Pay – 1 month | Single Pay – 60 months |
| One Year Renewable Term(OYRT) -12 | One Year Renewable Term(OYRT) -12 |
| months | months |
Premium Payment Mode
| Tenure |
|---|
| Single Pay, Yearly, Half-Yearly, Quarterly, Monthly |
For more details on plan eligibility, please refer to the sales brochure.
References to the Income-tax Act, 1961 shall be construed as references to the Income-tax Act, 2025, including all corresponding provisions and relevant sub-sections thereof.
UIN (135N086V03)
| STAGE | MINIMUM | MAXIMUM |
|---|---|---|
| Age At Entry | 18 Years | 70 Years |
| Cover ceasing age of the member | 18 Years | 75 Years |
| Death Sum Assured | Rs. 5,000 | Rs. 2,00,000 |
| Group size | 5 lives | No Limit |
Cover term
| Minimum | Maximum |
|---|---|
| Single Pay – 1 month | Single Pay – 60 months |
| One Year Renewable Term(OYRT) -12 | One Year Renewable Term(OYRT) -12 |
| months | months |
Premium Payment Mode
| Tenure |
|---|
| Single Pay, Yearly, Half-Yearly, Quarterly, Monthly |
For more details on plan eligibility, please refer to the sales brochure.
References to the Income-tax Act, 1961 shall be construed as references to the Income-tax Act, 2025, including all corresponding provisions and relevant sub-sections thereof.
UIN (135N086V03)
For more details on plan eligibility, please refer to thesales brochure
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EVERYTHING ABOUT GROUP MICROSURANCE II
All your questions answered
Ageas Federal Life Insurance Group Microsurance Plan II is to cover members, employees or spouse of members of Micro Finance institutions, co-operatives, and other homogeneous groups, socially and economically weaker sections of the society, Self Help Groups, Non-Banking Financial Companies, District Cooperative Banks, Regional Rural Banks or NGOs.
This plan has 2 life cover options i.e Single Life Cover & Joint Life Cover
There are two death benefit options in this plan: 1. Level death benefit 2. Reducing death benefit
Under the Group Microsurance Plan II, you have the option to enhance your coverage by choosing the Group Accidental Rider.
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