Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Track & Policy DownloadLogin

Ageas Federal Life Term Insurance

41 reviews Rate This
Ageas Federal Life Term Insurance
Claim Settlement Ratio95.07%
Death Benefit Paid For1,366 Policies
Presence3,000 Branches
Total Death Benefit PaidRs. 63.27 Crore

Ageas Federal Life Insurance Co Ltd was set up as a three-way JV between Ageas Bank, Federal Bank, and Fortis Insurance International NV in 2006. The company received the IRDAI license in December 2007, following which it issued its first life insurance policy in March 2008. Subsequently, there was a change in the ownership pattern with Ageas, a European insurance multinational giant replacing Fortis Insurance International. The company offers its products through a multi-channel network consisting of bancassurance partners, direct channel, and insurance brokers.

Ageas Federal Life Insurance offers comprehensive term insurance plans. Ageas Federal is a client-focused company, the company offers hassle-free claim settlement and purchasing experience. Ageas Federal Life Insurance has featured a high claim settlement ratio of 96.47% in FY 2019-20. The life insurance company is ranked amongst the ‘Top 10 Most Trusted Life Insurance Brands’ in India. Ageas Federal Life Insurance is dedicated to providing helpful solutions to its customers.

List of Ageas Federal Term Insurance Plans

Ageas Federal Life Insurance has an exciting range of term insurance individual and group plans to its clients situated across the country.

  1. Saral Jeevan Bima
  2. MyLife Protection Plan
  3. Income Protect Plan
  4. Termsurance Life Protection Insurance Plan

Term Life Insurance Premium Calculator


  • Male
  • Female

Date of Birth


Do you smoke or chew tobacco?

  • Yes
  • No

Choose required coverage to secure your family’s future

Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification

Best Ageas Federal Life Term Insurance Plans

1 Crore
1.5 Crore
2 Crore
    Tax Free
    1 Cr
Starting From 682/Month
Claim Settlement
Key Features:
  • Right Green Tick Zero Cost Benefit
  • Right Green Tick Terminal Illness
  • Right Green Tick Nominee's Choice payout
  • Right Green Tick Voluntary Top Up
    Tax Free
    1 Cr
Starting From 771/Month
Claim Settlement 24hr Claim Settlement
Key Features:
  • Right Green Tick Terminal illness
  • Right Green Tick Special Exit - Option to get your premiums back
  • Right Green Tick Renewability Option
    Tax Free
    1 Cr
Starting From 663/Month
Claim Settlement 4hr Claim Settlement
See More Plans

Best Term Insurance Plans In India

Disclaimer - Above Premium is for an individual of age 18 Years,No smoker, College Graduate & above having 15 Lacs above income (Salaried).
Show More

Popularly Opted Term Insurance Sum Assured

User Reviews

Write your review
What users are saying
  • All
  • Best Assistance Policy

    I claimed my Ageas Term Life Insurance Plan through the online portal InsuranceDekho. The customer support team of the InsuranceDekho company was really helpful throughout the claim process. Thanks to everyone in the company. 

    Ageas Federal
    By Priya Sharma
    On: Jan 08, 2024
  • The claim was settled easily

    I raised a claim for Ageas Federal Mylife Protection Term Insurance plan on InsuranceDekho. After submitting all the relevant documents, my claim was settled easily. I would recommend others as well to thus buy the Ageas Federal Mylife Protection Term Insurance plan from InsuranceDekho. 

    Ageas Federal
    By Pankaj Kumar
    On: Jan 23, 2023
  • Professional Services

    I am grateful to have bought a life insurance plan from InsuranceDekho. My purchase of an Ageas Federal Mylife Protection Term Insurance plan with the company was wonderful. Thanks to everyone, including the insurance advisors of the company, for making my purchase smooth and easy. I will recommend everyone consider this online insurance company. 

    Ageas Federal
    By Tania Goyal
    On: Nov 14, 2022
  • Easy process of claim settleme...

    The claim settlement process on InsuranceDekho is extremely easy. I submitted the relevant documents and raised a claim against Ageas Federal Mylife Protection Term Insurance plan, followed by which my claim was easily settled.

    Ageas Federal
    By Shivani Malhotra
    On: Oct 13, 2022
  • Understood the benefits of a t...

    With the help of the team members of InsuranceDekho, I was able to understand the benefits of different term plans easily. Upon understanding the benefits, I finally decided to buy the Ageas Federal Mylife Protection Term Insurance plan from InsuranceDekho. 

    Ageas Federal
    By Gayatri Trivedi
    On: Sep 28, 2022

Claim Process at Ageas Federal Life Term Insurance

  • 1

    Claim Intimation

    In the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
  • 2

    Submission of Documents

    Claim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
  • 3

    Claim Evaluation

    Once the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
  • 4

    Claim Settlement

    If claim request is approved, claim settlement is done within 30 days. If additional investigation is required, it make take 6 months.
Must BuyMust Buy

Why to Buy Term Insurance Policy Online from InsuranceDekho

  • Tax benefit upto 1,50,000*
  • Claim support everyday 10AM-7PM
  • 80 Lacs+ happy customers

Term Insurance News

Ageas Federal Life Term Insurance Contact Details

Reach us for help anytime