Ageas Federal Life Insurance Platinum Wealth Builder Plan

Eligibility Criteria for the Ageas Federal Life Insurance Platinum Wealth Builder Plan

Features of the Ageas Federal Life Insurance Platinum Wealth Builder Plan

Ageas Federal Life Insurance Platinum Wealth Builder Plan offers features like:

• This plan has several fund options across equity, balanced and debt funds to match different risk tolerances.
• Free switches in funds and premium redirection facility.
• An additional 2% Wealth Booster will be provided on the 6th policy year, up to the maturity of the premium-paying period, and will be paid by the payment of due premiums.
• Loyalty Additions equal to 8% of the annualised premium are credited at the end of every three policy years, starting from the ninth policy year, with additional percentage benefits based on premium bands.
• Disciplined portfolio rebalancing with AutoSwitcher and Systematic Allocator facilities.

These structured additions enhance long-term value creation within the framework of Ageas Federal Life ULIP Plans, supporting investors seeking market participation with built-in plan benefits.

Benefits of the Ageas Federal Life Insurance Platinum Wealth Builder Plan

1. Maturity Benefit

   Upon survival until the end of the policy term, the policyholder receives the fund value along with applicable wealth boosters, loyalty additions, and the return of specified charges, provided all policy conditions are met. A settlement option is also available, allowing the maturity proceeds to be received over a period of two to five years.

2. Death Benefit

   In case of the life assured's death during the policy term, the nominee receives the higher of:

   • 105% of total premiums paid must also be considered.
   • Partial withdrawals in the last 2 years affect the calculation.
   • Where spouse cover is opted, a separate death benefit applies for the second life based on the chosen multiple of annualised premium.

   The combination of market-linked returns and structured additions provides growth potential options for the best guaranteed returns, though returns under this plan remain market-linked in nature.

Riders Under the Ageas Federal Life Insurance Platinum Wealth Builder Plan

Ageas Federal Life Insurance Linked Accident Care Rider

Ageas Federal Life Insurance Linked Critical Shield Rider

Policy Details of the Ageas Federal Life Insurance Platinum Wealth Builder Plan

Here are the policy details under the Ageas Federal Life Insurance Platinum Wealth Builder Plan:

1. Grace Period

   A grace period of 15 days (monthly mode) or 30 days (other modes) is allowed for premium payment after the due date.

2. Revival

   A discontinued policy may be revived within the revival period (usually 3 years from the date of the first unpaid premium) as per plan guidelines, subject to applicable charges and underwriting approval.

3. Free Look Period

   The policyholder may return the policy within 15 days (30 days for distance marketing) from receipt if not satisfied with the terms and conditions.

4. Surrender

   The policy acquires a surrender value after completion of the lock-in period of five years. Upon surrender before the lock-in period, the fund value is transferred to the discontinued policy fund and paid after completion of five years.

   For individuals exploring the best ULIP Plans, this plan forms part of the insurer's market-linked portfolio offerings.

Latest ULIP NAVs

• Bandhan Life ULIP Funds
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• Aditya Birla Sun Life ULIP Funds
• Canara HSBC Life ULIP Funds
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• Axis Max Life ULIP Funds
• PNB MetLife ULIP Funds
• Reliance Nippon Life ULIP Funds
• SBI Life ULIP Funds
• Pramerica Life ULIP Funds
• IndiaFirst Life ULIP Funds
• Ageas Federal Life ULIP Funds
• Star Union Dai-ichi Life ULIP Funds
• Tata AIA Life ULIP Funds

Fund Name	NAV	AUM	5 Yr Returns	10 Yr Returns
Bandhan Life Debt Fund	₹39.25	₹93 Cr	5.47%	6.72%	View More
Bandhan Life Secure Fund	₹28.34	₹46 Cr	5.19%	4.64%	View More
Bandhan Life Blue Chip Equity Fund	₹28.9	₹202 Cr	11.17%	11.57%	View More
Bandhan Life Stable Fund	₹31.16	₹17 Cr	7.07%	8.89%	View More
Bandhan Life Accelerator Fund	₹44.39	₹219 Cr	12.79%	13.07%	View More
Bandhan Life Opportunity Fund	₹34.49	₹222 Cr	15.97%	-	View More
Bandhan Life Pension Debt Fund	₹31.22	₹4 Cr	5.31%	6.54%	View More
Bandhan Life Pension Enhanced Equity	₹105.1	₹17 Cr	13.27%	12.99%	View More
Aegon Balanced	₹42.5	₹12 Cr	7.41%	9.09%	View More
Aegon Enhanced Equity	₹65.02	₹116 Cr	13.03%	12.77%	View More
Aegon Pension Balanced	₹48.59	₹2 Cr	8.16%	9.57%	View More
Aegon Pension Index	₹80.44	₹6 Cr	8.47%	11%	View More
Aegon Pension Secure	₹28.33	₹1 Cr	4.67%	5.09%	View More
Aegon Life Group Equity Fund	₹56.06	₹11 Cr	14.14%	-	View More

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Exclusions Under the Ageas Federal Life Insurance Platinum Wealth Builder Plan

1. Suicidal Cover

   If the life assured commits suicide within 12 months from the date of commencement or revival of the policy, only the fund value (as applicable under policy terms) may be payable.

2. Total Permanent Disability (TPD)

   TPD benefits are payable only if an applicable rider has been opted for and are subject to rider-specific conditions and exclusions.