Hyderabad/Mumbai, 25 April 2023: Ageas Federal Life Insurance (AFLI) today announced the launch of its Ageas Federal Life Insurance iSecure Plan – an online term plan that provides comprehensive protection at an affordable cost. The iSecure Plan offers options and features that help you to enhance financial security for your loved ones as per your personal preferences and needs.
The policyholder has the flexibility to choose two optional add-on benefits at the inception of the plan on payment of an additional premium. The first optional benefit is the enhancement of Life Stage Cover at various important milestones of life such as marriage, children’s birth, or taking out of a home loan, without the need for additional health checks. This option allows the policyholder to plan in advance for enhanced protection at different stages of life. By opting for this benefit at a nominal increase in premium, he avoids the need to invest in new policies at later stages in life which might come at a much higher cost.
Under the second optional benefit, an Accidental Death Benefit (ADB) Cover is additionally paid out in case of death due to an accident.
The iSecure plan has an option for the policyholder to receive all their premiums back at the end of the term if he survives till the maturity of the policy. The plan offers further flexibility by allowing the policyholder to define the policy term as per his personal requirements. This allows him to ensure financial security for his loved ones basis his life stage, responsibilities, assets, and liabilities. The plan also offers premium payment options to suit every preference. The policyholder can either opt for single pay, limited pay, or regular pay.
This plan can be purchased online from the Company website – www.ageasfederal.com at a time and place convenient to you.
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