Ageas Federal Life Insurance Group Loan Secure Plan

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Ageas Federal Life Insurance Group Loan Secure Plan

Ageas Federal Group Loan Secure Plan offers life insurance for borrowers, helping lenders reduce credit risk and ensure hassle-free repayments.

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Details for Ageas Federal Life Insurance Group Loan Secure Plan

Ageas Federal Life Insurance Group Loan Secure Plan offers life cover to borrowers, ensuring loan repayment in case of unforeseen events. Ideal for banks and lending institutions, it reduces credit risk and provides financial security. Customizable coverage, easy onboarding, and peace of mind are its key benefits.

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Sum Assured

Not available

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Age

Entry Age 18 to 65 Years

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Premium Payment Term (Mode)

Not available

Age

  • Entry Age 18 to 65 Years

Additional Benefits

  • Single premium payment plan
  • Cover options available for single life, joint life, or proportionate cover for co-borrowers
  • Covers available for home loans, loan against property and plot loans
  • Flexibility to choose moratorium period from 1 to 7 years
  • Choice of Level death benefit option and Reducing death benefit option
  • Tax benefits available for insured members

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