Ageas Federal Wealthsurance Growth Plan SP II

Eligibility Criteria for the Ageas Federal Wealthsurance Growth Plan SP II

Features of the Ageas Federal Wealthsurance Growth Plan SP II

Some of the best ULIP plan offers life coverage, flexible investment options, and growth potential. Key features include:

1. Single Premium Payment

   As a single-premium plan, it requires only a one-time payment, making it suitable for individuals who wish to invest a lump sum amount.

2. Flexibility in Fund Choices

   There is an option of selecting a range of funds that you can invest in, depending on your risk appetite. You can choose from 10 available funds based on your risk appetite, allowing you to create a portfolio that aligns with your financial goals.

3. Loyalty Additions

   Loyalty additions are given as a reward for long-term commitment to add value to your investment. These additions are credited at the end of the 6th, 10th, and every 5th policy year thereafter. 

4. Partial Withdrawals

   Partial withdrawals are permitted after the lock-in period, and this means that you can take the money when required. Maximum partial withdrawal in a policy year is 20% of the Fund Value at the beginning of that policy year.

Benefits of the Ageas Federal Wealthsurance Growth Plan SP II 

Here are the key benefits of the Ageas Federal Wealthsurance Growth Plan SP

1. Maturity Benefit

   At policy maturity, the policyholder will be given the fund value, which has been accumulated by the loyalty additions, provided that the policy is still in force. This plan assists in developing wealth over time in order to achieve financial objectives. 

2. Death Benefit

   In case of death during the policy term, the nominee will receive the higher of:

   • Death Sum Assured, or
   • Fund Value (as on date of intimation), or
   • 105% of the Single Premium paid

3. Tax Benefits

   Premiums paid may be eligible for tax benefits under Section 80C, and benefits may be tax-free under Section 10(10D), subject to prevailing tax laws.

4. Fund Switching and Management.

   Depending on the market conditions and your financial objectives, you can change funds to either an equity fund, a debt fund, or a hybrid fund in the Ageas Federal ULIP plan.

Policy Details of the Ageas Federal Wealthsurance Growth Plan SP II

• Free Look Period: There is a 30-day free look period after getting the policy document. In case of disliking the conditions, cancelling the policy and getting back a refund (with deductions) is possible.
• Surrender: On surrendering the policy after the lock-in period, you will get the surrender value, which is the amount of the unit fund on the date of the surrender.
• Explore some of the best guaranteed return plans to opt for the best option available.

Latest ULIP NAVs

• Bandhan Life ULIP Funds
• Aviva Life ULIP Funds
• Bajaj Life ULIP Funds
• Bharti AXA Life ULIP Funds
• Aditya Birla Sun Life ULIP Funds
• Canara HSBC Life ULIP Funds
• Edelweiss Tokio Life ULIP Funds
• Future Generali India Life ULIP Funds
• HDFC Life ULIP Funds
• ICICI Prudential Life ULIP Funds
• Exide Life ULIP Funds
• Kotak Life ULIP Funds
• 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 Wealthsurance Growth Plan SP II

Suicide Clause

If the policyholder commits suicide within 12 months from the date of commencement or revival, the nominee will receive the fund value at the time of death.