Rider 1: Critical Shield Rider
Get a lump-sum payout to cover treatment costs and protect your hard-earned savings. Up to 50 critical illnesses are covered, including cancer, heart attack, and kidney failure.
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Ageas Federal Life Insurance
40 Year Term Insurance Plan
A 40-year term insurance plan keeps you covered for four decades, provided the policy remains active and all required premiums are paid. If you die during this period, your nominee receives the death benefit under the policy conditions. Younger buyers may use such a long term to cover most of their earning years, a home loan and future family goals. Look closely at the maximum maturity age, premium payment period and exclusions. Your age, income, health, lifestyle and chosen cover amount will affect eligibility, medical checks and premium.
40 Year Term Insurance Plan
₹19/day*
Start at ₹630/month*
93% of users complete
their quote in 2 min
their quote in 2 min
Trusted by
₹1.5 Cr
families in India
Not sure how much cover you need?
Use our tools to calculate and plan better.
Why Do You Need a 40 Year Term Insurance Plan?
A 40-year term insurance plan gives your family life cover for 40 years. If you pass away within the term, your nominee receives the sum assured. It's a pure protection plan, so there's no payout if you outlive the term unless you've chosen a return-of-premium option.
Six awesome reasons to choose the 40-year term plan:
01. Cover That Spans Four Decades
One policy can protect your family for a long stretch without needing to renew or reapply every few years.
02. Aligned With Your Working Life
Can support income replacement from your 20s or 30s all the way through your peak earning decades.
03. Backs Long-Duration Loans
Useful if your home loan, business loan, or other liabilities are likely to run for many years.
04. Secures Your Children's Life
Can help fund education, higher studies, and other major milestones for your children.
05. Built to Absorb Rising Costs
A longer policy term can help your cover keep pace with responsibilities that turn expensive with time.
06. Rewards Buying Early
Starting in your 20s or early 30s lets you lock cover at a lower premium, subject to underwriting.
Quick Coverage Calculator
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Check If 40 Years Is the Right Policy Term for You
Calculator Example:
- Current Age: 25 years
- Desired Coverage Till Age: 65 years
- Suggested Policy Term: 40 years
- Recommended Cover: 15–20x annual income + liabilities
A 40 year term insurance plan suits any individual in their 20s or early 30s and wants the cover running into their 60s. Size the cover around income replacement, outstanding loans, your children's education, and household lifestyle, then subtract what you've already saved or insured.
Features & Benefits of 40 Year Term Insurance
A 40 year term plan is meant for people who want protection that carries them through multiple stages of life.
Full nominee payout
Your nominee receives 100% of the sum assured, no deductions whatsoever.
A term you choose up to 40 years
Match the policy length to how long your responsibilities run.
Pay on your schedule
Pick your preferred premium paying mode (Monthly, quarterly, half-yearly, or annually)
Optional riders
Add critical-illness or accident cover to the base plan.
5. Tax-efficient by design
0% GST on premiums, plus deductions and exemptions under prevailing tax law.
Disclaimer: Benefits, terms, and payouts are subject to the policy contract, underwriting, and prevailing regulations. Read the sales brochure and CIS before purchase.
Enhance Your 40 Year Term Insurance Policy With Riders
Riders add extra protection to your base 40 year term plan for specific life risks. Before you purchase one, check rider availability, premium impact, and exclusions.
Rider 2: Accident Care Rider
Get extra payout over your base cover for accidental death and related events, including a 2× benefit if death occurs in an air or rail accident.
Rider 1: Critical Shield Rider
Get a lump-sum payout to cover treatment costs and protect your hard-earned savings. Up to 50 critical illnesses are covered, including cancer, heart attack, and kidney failure.
Rider 2: Accident Care Rider
Get extra payout over your base cover for accidental death and related events, including a 2× benefit if death occurs in an air or rail accident.
Simple Claim Process
At Ageas Federal, we follow a simple, 4-step process to prioritise claims with clear guidelines and documentation.
Step 1: Inform us
Call, email, or visit an Ageas Federal branch to register your claim.
Step 2: Submit required documents
Includes claim form, death certificate, policy details, nominee ID, and bank details.
Step 3: Assessment:
We review the nominee claim submission against the policy terms.
Step 4: Payout
Upon approval, the sum assured is paid to the registered nominee.
How a 40 Year Term Plan Supports Long-Term Financial Protection?
1. Steady Income Support
Helps your family manage regular monthly expenses if your income stops unexpectedly.
2. Long-Term Loan Coverage
Help repay ongoing liabilities like home loans, business loans, or personal loans.
3. Education Continuity
Support school fees, college costs, and higher education expenses for your children.
4. Spousal Financial Stability
Helps your spouse manage household needs and continue working toward shared goals.
5. Support for Dependents
Helps provide for ageing parents or other dependents over an extended period.
Is a 40 Year Term Insurance Plan Right for You?
A 40-year term plan tends to suit people whose financial responsibilities are likely to continue for several decades, though it isn't necessary for every buyer. Here’s who should consider purchasing a 40-year term insurance policy.
1. Young Professionals
People in their 20s or early 30s looking for cover that lasts well into the future.
2. Newly Married Couples
Useful if you want to protect your partner's financial future for times to come.
3. Parents of Young Children
Can provide cover until your children are likely to become financially independent.
4. Homeowners With Long Loan Tenures
Works well if your loan repayment period is long and your family relies on your income.
5. Single-Income Households
Useful when one person's earnings support most or all of the household's expenses.
1. Young Professionals
People in their 20s or early 30s looking for cover that lasts well into the future.
2. Newly Married Couples
Useful if you want to protect your partner's financial future for times to come.
How Does Premium Change With Age?
The premium for a 40 year term plan depends on your age, health, income, smoking status, occupation, sum assured, payment mode, riders, and underwriting. So, buying early locks in a lower starting premium for the full term. Here’s a typical example of monthly premium for different entry ages.
| Entry Age | Policy Term | Monthly Premium* |
|---|---|---|
| 25 years | 40 years | ₹[To be verified] |
| 30 years | 40 years | ₹[To be verified] |
| 35 years | 40 years | ₹[To be verified] |
| 40 years | 40 years | ₹[To be verified] |
| 45 years | 40 years | ₹[To be verified] |
Indicative premium for a healthy, non-smoking individual. Actual premium depends on age, health, occupation, income, lifestyle, sum assured, riders, policy term, premium payment mode, and underwriting.
40 Year Term Insurance vs Other Policy Terms
A 40-year term protects one further than a 20, 30, or 35-year plan. Therefore, it’s suitable for young buyers who want cover across most of their working life. Shorter terms cost less per year and can fit someone closer to retirement. The right term, however, depends on your age, dependents, outstanding liabilities, and when you plan to stop working.
| Age | Monthly Premium* | Policy Term |
|---|---|---|
| 25 years | ₹1,395/month | 30 years |
| 30 years | ₹1,650/month | 30 years |
| 35 years | ₹2,150/month | 30 years |
| 40 years | ₹3,100/month | 30 years |
| 45 years | ₹4,450/month | 30 years |
Why Buy Term Insurance Early?
Buying term insurance early in life has more than one perk to offer.
Lower premiums
A young, healthy applicant is the cheapest to insure.
Long-term savings
A smaller monthly outgo compounds across 40 years.
Better security
Your family is protected from the earliest, riskiest stage.
Higher eligibility
Fewer/no health issues mean smoother approval and a longer term on offer.
Peace of mind
40 years of cover settled early before rates or restrictions rise.
Compare Term Plans
| Plan | Use Case | CTA |
|---|---|---|
| Super Protect Plan | Offers long policy terms, including up to 40 years and beyond, subject to entry age and underwriting | Explore Plan |
| Termsurance Life Protection Plan | Policy term choosable between 5–40 years, with maturity age up to 70 | Explore Plan |
| iSecure Plan | Coverage available up to age 85, minimum sum assured ₹50 lakh | Explore Plan |
| Saral Jeevan Bima | A standard, IRDAI-mandated term plan; details to be verified | Explore Plan |
Tax Benefits for 40-Year Term Insurance
1
Section 80C
Premium Deduction
Premiums paid for your term plan may qualify for deduction under Section 80C, subject to applicable tax laws. This typically applies under the old tax regime.
2
Section 10(10D)
Tax Treatment of Death Benefit
The death benefit received by your nominee may be tax-exempt under Section 10(10D), subject to applicable tax laws and the terms of your policy.
Disclaimer: Tax treatment depends on your income, the regime you choose, and prevailing law, which can change. Please consult a tax advisor before deciding.
3
Section 80C
Premium Deduction
Premiums paid for your term plan may qualify for deduction under Section 80C, subject to applicable tax laws. This typically applies under the old tax regime.
How Much Cover Should You Buy With a 40 Year Term Plan?
Your cover should be enough to replace your income, clear outstanding loans, fund future goals, and support your dependents. A common starting point is 15–20 times your annual income, adjusted for existing liabilities and savings. To determine the right cover amount flor your 40 year term plan, use any one of the methods below:
1. Income-Based Method
Estimate cover at 15–20 times your current annual income.
2. Liability-Based Method
Factor in home loans, personal loans, business loans, and other obligations.
3. Life-Stage Method
Consider spouse support, children's education, parent care, and retirement goals.
| Ideal Cover = 15–20x Annual Income + Loans + Future Goals − Existing Insurance/Savings |
Protect Your Family for the Next 40 Years
A 40 year term insurance plan from Ageas Federal supports you with life cover, optional riders, claim assistance, and advisor guidance throughout your policy term.
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Trust Markers:
- Claim settlement ratio: 99.82% (FY 2025-26)
- Brand backing: A joint venture between Ageas and Federal Bank
- Advisor support: Available
- CIS download: Available
Frequently Asked Questions
A term life policy that covers you for 40 years and pays the sum assured to your nominee if you pass away within that period.
Ageas Federal Life Insurance
Endorsed by Life Insurance Experts
Ageas Federal is a trusted Life Insurance Partner
At Ageas Federal Life Insurance, we are dedicated to creating meaningful insurance solutions that help individuals build a secure and confident future. With over a decade of experience, we offer a wide range of plans across protection, pension, savings, investment, annuity, and health, designed to support evolving financial needs at every stage of life.
Let us help you make the right decision
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