Ageas Federal Life Term Insurance Plans

Ageas Federal Life Insurance offers 4 comprehensive term insurance plans. These plans are designed specifically to fulfill different requirements of different people without disturbing their budget. Ageas Federal term insurance plans offer financial assistance to your family in desperate times. In case of your sudden demise during the policy term, your family will receive a lump sum amount that will help maintain a healthy lifestyle even in your absence. With Ageas Federal term insurance plans you can ensure financial security of your family even when you are not around

Ageas Federal Term Insurance Plans

Ageas Federal Life Insurance offers 4 term insurance plans as mentioned below:

1. Saral Jeevan Bima: Ageas Federal Saral Jeevan Bima plan is pure risk term insurance plan. This plan provides a lump sum amount to the family of the life assured, in the event of an unforeseen demise of the life assured during the policy term. This plan offers flexibility to choose the premium payment term and policy term. Under this plan the life assured is eligible for tax benefits as applicable.

2. MyLife Protection Plan: Ageas Federal MyLife Protection plan provides life cover at a reasonable price. Under this plan, if the life assured passes away during the policy term, the beneficiary will receive a death benefit. MyLife Protection plan has three life cover options namely Regular Coverage, Coverage Booster and Smart Coverage. Under this plan you get the option to enhance the coverage with Accidental Death Benefit cover. This plan offers flexibility to choose premium payment term and policy term.

3. Income Protect Plan: Ageas Federal Income Protect plan is a comprehensive term plan that provides life cover and also offers financial protection to your family when they require it the most in your absence. Under this plan there are two death benefit payout options which are lump sum and increasing monthly income benefit. With this plan you can ensure that family members receive a monthly income to fulfil their daily requirements. Under this plan you get the flexibility to choose the premium payment term.

4. Termsurance Life Protection Insurance Plan: Ageas Federal Termsurance Life Protection Insurance plan offers protection from the uncertainties of life. In case of an unfortunate demise of the life assured during the policy term, the beneficiary will receive a death benefit. This plan offers a Return of Premium benefit. In case the life assured survives the entire policy term, he/she will receive a maturity benefit i.e. return of total premiums paid excluding any rider premium or taxes.