Ageas Federal Life Insurance (AFLI) has announced the launch of ‘Ageas Federal Life Insurance Super Cash Plan’ – a non-linked, participating savings plan for retail customers. This plan offers a combination of immediate liquidity and financial stability for the family, making it an efficient option for people seeking a stable income as well as financial protection, the insurer said in a statement.
“We are thrilled to introduce the Ageas Federal Life Insurance Super Cash Plan which is set to offer a realm of SUPER benefits for your family’s security and prosperity. Moreover, the plan starts providing you returns as soon as the first policy month itself, making it a smart solution for your financial needs,” said Vighnesh Shahane, MD & CEO of Ageas Federal Life Insurance.
“We aim to address the diverse needs of our policyholders through this plan, which can be tailored to their unique financial requirements, thus allowing them to live #FutureFearless,” Shahane added.
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The plan offers immediate liquidity through regular income which could start as early as the first month of the policy, depending on when the policyholder has opted to receive returns. Additionally, the plan provides guaranteed boosters after every fifth policy year designed to enhance savings. The policyholder also receives a lumpsum maturity benefit at the end of the policy term.
Ageas Federal’s Super Cash Plan further offers the following benefits:
Ageas Federal Life Insurance comes with Immediate Income and SUPER benefits is a plan that suits every life stage. It could help with your regular expenses, help in building a corpus for life goals and lets
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