10 years
(Policies on lives of minors can be taken only by
parents / grand-parents / legal guardian)
55 years
PPT 7 & PT 14 years
PPT 10 & PT 20 years
Maximum
69 years
75 years
Minimum ₹ 35,000
Maximum No Limit
Yearly
Regular Income benefit option: PPT 7 years
Lump Sum Benefit Option: PPT 7 and PPT 10 years
14 and 20 years
7 years
Flexibility to choose premium paying term & policy term as per your goals
Get your family financially secured with a life cover for 14 or 20 years
Enjoy guaranteed benefits irrespective of market conditions
Choose to receive guaranteed benefits as lumpsum or regular income
Tax benefit may be available on the premiums paid and benefits received as per prevailing tax laws
On survival of the Life Assured till the maturity, provided the policy is in force and all due premiums have been paid till date, the Guaranteed Maturity Booster will be paid to the policyholder along with the last Guaranteed Regular Income (GRI).
In case of death of the Life Assured during the policy term, death benefit would be paid to the nominee which is higher of death sum assured or fund value or 105% of the single premium received.
Ageas Federal Life Insurance Guaranteed Wealth Plan is a long-term life insurance plan which comes with a component of savings element that assures you of guaranteed returns on your investment.
There is a choice to receive guaranteed benefits as lumpsum or regular income