
| STAGE | MINIMUM | MAXIMUM |
|---|---|---|
| Group size | 10 members | No limit |
| Entry age of insured member | 18 Years | 79 Years |
| Maturity age of insured member | 19 years | 80 Years |
| Rs. 10,000 per member |
| Tenure |
|---|
| 1 year (Annually renewable) |
| Tenure |
|---|
| Yearly/ Half-yearly/ Quarterly/ Monthly |
| As certified by the Actuary’s certificate submitted by the employer in accordance with the AS 15(revised) |
UIN (135L052V03)
| STAGE | MINIMUM | MAXIMUM |
|---|---|---|
| Group size | 10 members | No limit |
| Entry age of insured member | 18 Years | 79 Years |
| Maturity age of insured member | 19 years | 80 Years |
| Rs. 10,000 per member |
| Tenure |
|---|
| 1 year (Annually renewable) |
| Tenure |
|---|
| Yearly/ Half-yearly/ Quarterly/ Monthly |
| As certified by the Actuary’s certificate submitted by the employer in accordance with the AS 15(revised) |
UIN (135L052V03)
For more details on plan eligibility, please refer to thesales brochure
Ageas Federal Life Insurance Group Employee Benefit Plan is a unit-linked plan designed for employer-employee groups. The plan helps employers outsource the management of their employees gratuity and leave encashment funds. Better still, the plan works as a market-linked investment tool that enables employers to invest these funds and gain from the returns.
The employer-employee groups shall have 10 or more members.
There are 2 fund options available - Group Equity Fund and Group Debt Fund
On event of retirement, resignation, exit on disablement or withdrawal of employment due to any cause of the Insured Member, the benefits as per the Scheme Rules will be paid to the Master Policyholder.