Ageas Federal Life Term Insurance Benefits
|Claim Settlement Ratio||95.07%|
|Customer Care||10:00 AM to 6:30 PM|
|Death Benefit Paid For||1,366 Policies|
|Total Death Benefit Paid||Rs. 63.27 Crore|
Benefits of Ageas Federal Life Term Insurance
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 which indicates that the company is dedicated to provide quick and hassle-free claim settlement. Ageas Federal Life Insurance is dedicated to providing helpful solutions to its customers. The insurance company is considered one of the most trusted life insurance brands in India.
Ageas Federal Term Insurance Benefits
Ageas Federal Life Insurance has a range of benefits on its term insurance plans.
1. High Cover at Low Premiums: The stellar advantage of Ageas Federalterm insurance plans is high insurance cover at low premiums. Ageas Federal term insurance plans offer life cover at a reasonable cost. The company has curated these plans to provide effective solutions to every individual without bothering their budget.
2. Return of Premium Benefit: Termsurance Life Protection Insurance plan offered by Ageas Federal Life Insurance company offers a Return of Premium benefit. In case the life assured survives the entire policy tenure, he/she will receive a maturity benefit, which is return of total premiums paid till the date of the plan maturity.
3. Flexibility To Choose Policy And Premium Payment Terms: The customer has the option to choose from an extended policy term and exciting premium payment terms. The life assured has flexibility to choose the policy term and premium payment term according to his requirement and budget.
4. Range Of Premium Payment Options: Under Ageas Federal term insurance plan different premium payment frequencies that one can choose according to their budget. Customers can choose from different payment options like single premium, monthly, and annual premium payments.
5. Accidental Death Benefit: Ageas Federal MyLife Protection plan offers an option to enhance the base coverage of the plan by opting for Accidental Death Benefit cover. In case the life assured passes away in an accident during the policy, his/her family will receive a lump sum amount. With this optional benefit you can ensure financial security of your loved ones even in your absence
6. Tax Benefits: Under Ageas Federal term insurance life assured can avail attractive income tax benefits on term insurance premium payments. Premiums paid towards Ageas Federal term insurance plans are eligible for tax exemptions under Section 80C and 10(10D) of the Income Tax Act, 1961.
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Ageas Federal Life Term Insurance Plan List
|Name of Plan||Sum Assured|
|MyLife Protection Plan||20 lac - 10 cr||Get Quotes Now|
Ageas Federal Term Insurance User Reviews
The claim was settled easily
I raised a claim for Ageas Federal Mylife Protection Term Insurance plan on InsuranceDekho. After submitting a...Read More
I am grateful to have bought a life insurance plan from InsuranceDekho. My purchase of an Ageas Federal Mylife...Read More
Easy process of claim settleme...
The claim settlement process on InsuranceDekho is extremely easy. I submitted the relevant documents and raise...Read More
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 p...Read More
Instant policy renewal
It has been two years since I bought the Ageas Federal Mylife Protection Term Insurance plan from InsuranceDek...Read More
Why to Buy Term Insurance Policy Online from InsuranceDekho
- Tax benefit upto 1,50,000*
- Claim support everyday 10AM-7PM
- 45 Lacs+ happy customers
Ageas Federal Life Term Insurance Contact Details
Insurance Dekho755 1196 989Mon to Sun 10:00 AM to 7:00 PM
Ageas Federal Life Term Insurance1800-209-0502Mon to Fri 10:00 AM to 6:30 PM
Claim Process at Ageas Federal Life Term Insurance
Claim IntimationIn the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
Submission of DocumentsClaim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
Claim EvaluationOnce the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
Claim SettlementIf claim request is approved, claim settlement is done within 30 days. If additional investigation is required, it make take 6 months.