Ageas Federal Smart Growth Plan

Age

• Entry Age 1 month to 55 Years, Maturity Age 18 to 70 Years

Tax Benefits

• Tax-free benefits under section 10(10D): The benefits received under the plan are exempted from Income Tax under section 10(10D) of the Income Tax Act, 1961

Additional Benefits

• Life Protection with Market linked returns - Life cover to support your family’s financial requirement in times of need along with opportunity to build a corpus through market linked returns.
• Choice of regular and limited premium paying terms - You have the flexibility to pay premiums for a limited period or till the end of policy term.
• Flexibility to manage your investment based on your risk appetite - You can stay in complete control of your investments with the flexibility to choose from 6 investment fund offerings that allow you to invest your money as per your risk-return appetite.
• Boost your fund value with Loyalty Additions as a reward for staying committed for a longer term.
• Deduction under section 80C: The premiums that you pay may be eligible for deduction under section 80C of the Income Tax Act, 1961. For the Financial Year 2018 – 19 deductions can be claimed under Section 80CCE up to Rs. 1,50,000 for the total payments, contributions made under Sections 80C, 80CCC and 80CCD.