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Ageas Federal MyLife Protection Term Insurance Riders

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Claim Settlement Ratio95.07%
Death Benefit Paid For1,366 Policies
Presence3,000 Branches
Total Death Benefit PaidRs. 63.27 Crore

Under Ageas Federal MyLife Protection Plan, a policyholder can buy Accidental Death Benefit Rider. The rider provides enhanced protection over the base policy on the payment of additional premium. In the case of the unfortunate death of the policyholder, the nominee is paid the accidental death benefit sum assured as a lump sum amount along with the death benefit. Note that the premium for the accidental death benefit rider would depend on the cover options chosen.

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

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Ageas Federal Life Term Insurance Contact Details

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