Ageas Federal Term Insurance Group Insurance Plan is a pure term plan designed specifically for groups providing insurance benefits to its members at a minimal cost.
+Tax benefit is subject to changes in tax laws.
++All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
|
Minimum |
Maximum |
Entry Age (Last Birthday) |
15 years for non-employer-employee groups & 18 years for employer-employee groups |
69 years |
Maturity Age (Last Birthday) |
16 years for non-employer-employee groups & 19 years for employer-employee groups |
70 years |
Size of the group |
50 members |
No limit |
Premium Payment Frequency |
Annual, half-yearly, quarterly, monthly |
|
Sum Assured |
5000 |
No limit |
The policyholder has to fill up an 'Application form/ proposal form' with an accurate medical history and every group member's details.