Ageas Federal Life Insurance Wealth Gain Insurance Plan
Features
Ageas Federal Wealth Gain Insurance Plan, a comprehensive financial solution that not only provides life cover but also helps build wealth over the long term to ensure you and your family fulfil all your aspirations. Plus it comes with a ‘waiver of premium on disability’ cover that ensures financial security for your dreams. With Wealth Gain Plan, you can decide the premium amount and the period of insurance cover. With 8 fund offerings, it gives you the freedom to choose one or more funds, basis your risk-return appetite and financial goals of your life.
Build wealth with the flexibility of paying premiums monthly or annually
Secure your family with life cover and get waiver of premium on disability
Guaranteed loyalty additions to boost your investments
Flexibility to invest as per your risk appetite and switch between funds
Tax benefits* on premiums paid and benefits received as per applicable Tax laws
*Conditions apply
Eligibility Criteria
| Criteria | Minimum | Maximum | |
|---|---|---|---|
| Age at entry | 50 years | 60 years (as on last birthday) | |
| Age at maturity of plan | 18 years | 74 years (as on last birthday) | |
| Policy Term (PT) | 10 / 15 / 20 years | ||
| Premium Payment Term (PPT) | For ages below 50 years : 5 / 10 / 15/ 20 years | ||
| For age 50 years and above : 10 / 15/ 20 years | |||
| Premium Payment Frequency (PPF) | Monthly and Annually | ||
| Premium Amount | Monthly – Rs. 2,500 Yearly – Rs. 30,000 | Yearly: | |
| Premium payment term | Max Premium | ||
| 5,10 | 10,00,000 p.a | ||
| 15,20 | 6,00,000 p.a | ||
| Monthly: | |||
| Premium payment term | Max Premium | ||
| 5,10 | 83000 p.m. | ||
| 15,20 | 50,000 p.m. | ||