Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Claim, renew, manage & moreLogin
  Hurry Up!
Save tax in 80C by purchasing a Life Insurance Today View Plan

Ageas Federal MyLife Protection Term Insurance

Rate This
MyLife Protection Plan
Claim Settlement Ratio95.07%
Customer Care10:00 AM to 6:30 PM
Death Benefit Paid For1,366 Policies
Presence3,000 Branches
Total Death Benefit PaidRs. 63.27 Crore

About Ageas Federal MyLife Protection Term Insurance

MyLife Protection Plan is one of the key term insurance plans offered by Ageas Federal Life Insurance. A non-risk, non-participating protection plan, MyLife Protection is one of the best ways an individual can attain financial protection for their loved ones when they are no longer there to provide. Completely reasonable and dependable, Ageas Federal MyLife Protection Plan is an individual life, pure risk premium product that proves to be the ultimate financial support when required the most.

The policy comes with a minimum entry age of 21 years, while the maximum entry age is 60 years. Talking about maximum maturity age, it is 85 years. The plan features a minimum sum assured of Rs. 50 Lakh, while the maximum sum assured has no limit. Laden with beneficial features, Ageas Federal MyLife Protection Plan offers extensive life coverage at a minimal premium price. What’s best is that a policyholder can extend their coverage benefits by opting for an additional cover, namely Accidental Death Benefit Option.

Key Inclusions and Exclusions of the Plan

What's Included

  • Death benefit
  • Extensive life cover
  • Multiple cover options
  • Optional cover of Accidental Death Benefit
  • Tax benefits

What's Not Included

  • Death due to suicide within 12 months of policy inception
  • Participation in criminal or unlawful act
  • Injuries resulting from war
  • Use of intoxicating drugs, alcohol, solvent, etc.
  • Nuclear contamination

Ageas Federal MyLife Protection Plan Brochure

  • 384.29 KB
  • PDF Document
  • Sep 01, 2021

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.

Ageas Federal Life Term Insurance Contact Details

Reach us for help anytime
Find the right term insurance for you
By clicking, I agree to *terms & conditions  and privacy policy.

Partner Term Insurance Companies

Disclaimer: InsuranceDekho does not endorse, rate or recommend any particular insurance company or insurance plan.