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Pay only once

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Cover for wide range of loan

+4

More Features

Let’s Start Planning Your

Future Fearless Today!

ELIGIBILITY CRITERIA

Secure your family’s dream

Minimum 25 lives

Maximum No limit

Minimum -

Maximum 75 Years

Minimum 15 Years (Only for Education loan) 18 years (All other loans)

Maximum 65 Years

Minimum 1 Month

Maximum 240 Months

Single premium

Minimum 1 year (12 months)

Maximum 7 years (84 months)

Minimum Rs. 5,000

Maximum Rs. 30,00,00,000

UIN (135N087V03)
For more details on plan eligibility, please refer to the sales brochure.
KEY BENEFITS

Why this plan suits your needs

KEY BENEFITS

Why this plan suits your needs

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Pay only once

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Cover for wide range of loan

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Single / Joint / Proportionate Life Cover option

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Plan provides Level and Reducing Death Benefit option

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Insurance cover during moratorium period

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Tax benefits under relevant sections as per prevailing tax laws

EVERYTHING ABOUT GROUP CREDIT SHIELD PLAN II

All your questions answered

Ageas Federal Life Insurance Group Credit Shield Plan II insures your loan thereby taking the burden of loan payment off the borrower’s family while safeguarding their financial future through a life cover. The plan covers a wide range of loans and offers attractive features such as joint life cover, proportionate cover and moratorium period cover.

This plan covers a wide range of loans - personal loans, education loans, vehicle loans, gold loans, agri-business loans, working capital loans, loan against securities and more.

In case of death of an insured member before the expiry of the cover and while the cover is still in force, a Death Benefit will be paid immediately basis the cover option chosen.

This plan has 3 life cover options i.e Single Life Cover, Joint Life Cover, Proportionate Life Cover .

NEED MORE OPTIONS?

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