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Ageas Federal Life Insurance
Group Loan Secure Plan II
A Single premium, Non-Linked, Non-Participating, Group Pure Risk Premium, Life Insurance Plan (UIN: 135N081V02)
Ageas Federal Life Insurance
Group Loan Secure Plan II
A Single premium, Non-Linked, Non-Participating, Group Pure Risk Premium, Life Insurance Plan (UIN: 135N081V02)
KEY BENEFITS
Why this plan suits your needs
ABOUT GROUP LOAN SECURE PLAN II
What all we offer with this plan
You have worked hard to fulfil your family’s needs and provide your loved one’s with a comfortable life, today, tomorrow, and always.
A comprehensive financial life insurance plan that ensures these dreams are fulfilled irrespective of an eventualities. It offers life
cover as well as guaranteed payouts to fulfil all your dreams.
| STAGE | MINIMUM | MAXIMUM |
|---|---|---|
| Age At Entry | 18 Years | 65 Years |
| Group size | 50 members | No limit |
| Cover ceasing age of the member | 19 Years | 75 Years |
| Death Sum Assured | Rs. 5,00,000 | No limit |
| Cover term | 1 Years | 30 Years |
Premium Payment Mode
| Tenure |
|---|
| Single Premium |
For more details on plan eligibility, please refer to the sales brochure.
References to the Income-tax Act, 1961 shall be construed as references to the Income-tax Act, 2025, including all corresponding provisions and relevant sub-sections thereof.
UIN (135N081V02)
| STAGE | MINIMUM | MAXIMUM |
|---|---|---|
| Age At Entry | 18 Years | 65 Years |
| Group size | 50 members | No limit |
| Cover ceasing age of the member | 19 Years | 75 Years |
| Death Sum Assured | Rs. 5,00,000 | No limit |
| Cover term | 1 Years | 30 Years |
Premium Payment Mode
| Tenure |
|---|
| Single Premium |
For more details on plan eligibility, please refer to the sales brochure.
References to the Income-tax Act, 1961 shall be construed as references to the Income-tax Act, 2025, including all corresponding provisions and relevant sub-sections thereof.
UIN (135N081V02)
For more details on plan eligibility, please refer to thesales brochure
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EVERYTHING ABOUT GROUP LOAN SECURE PLAN II
All your questions answered
Ageas Federal Life Insurance Group Loan Secure Plan II is a single premium, non-linked, non-participating, group pure risk premium life insurance plan. This plan will assure your members that their dreams won’t end with them, and that their family would not be burdened with any outstanding debt in their unfortunate absence.
Life cover options available for single life cover, joint life cover or proportionate cover for co-borrowers of a loan
The plan offers 2 Death benefit options – Level death benefit option and Reducing death benefit option
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