Select Insurer

Overview

Ageas Federal Life Insurance

Founded in 2007, Ageas Federal Life Insurance Co. Ltd. was formerly branded IDBI Federal Life Insurance. The company is a three-way joint venture between IDBI Bank, Federal Bank, and Ageas Europe. The company has introduced policies pertaining to wealth management, child, protection, retirement, and group solutions to help its customers plan their future finances. Since its inception, the company has issued 13.85 Lakh policies.

Ageas Federal Life Insurance Company ensures to look after your insurance needs by offering:

Premium Payments For Limited Duration
Reversionary Bonus
Higher Sum Assured Rebates

Higher Death Cover
Flexible Premium Payment Option

COMPANY DETAILS

✎ Edit

Ageas Federal

✎ Edit

Hdfc Pension Plans

Rating	Rating 4.6	Rating 4.6
Number of life insurance plans and add-ons	No. of Plans - ❯	No. of Plans - ❯
Annual Premiums Collected (2024-25)	Annual Premiums Collected (2024-25) ₹ 3072.74 crores	Annual Premiums Collected (2024-25) ₹ Rs 1 lakh to No limit
Payout Options	Payout Options Lump sum, fixed payouts, or a combination of both	Payout Options -
Claim ratio	Payout Options 98.52%%	Payout Options Minimum Age- 30 year%
Solvency Ratio	Solvency Ratio 2.70	Solvency Ratio 85 years
Pan India Presence	Pan India Presence 3200+	Pan India Presence Annual, half-yearly,
Riders Available	Riders Available Accidental Death Benefit Rider, Accidental Disability Benefit Rider, Waiver of Premium Rider, Income Benefit Rider	Riders Available 10 to 30 years
Policy Term	Policy Term 5 to 40 years	Policy Term 10 to 40 years
Inception year	Inception year -	Inception year -
Complaint ratio per ₹1 crore of premium collected	Complaint ratio per ₹1 crore of premium collected -	Complaint ratio per ₹1 crore of premium collected -
Average claim settlement time	Average claim settlement time -	Average claim settlement time -
IRDAI registration number	IRDAI registration number -	IRDAI registration number -
Awards and recognitions	Awards and recognitions -	Awards and recognitions -

Riders

Riders You Can Avail With Ageas Federal Life Insurance

Name of the Rider	Benefits
Accidental Death Benefit Rider	Under this rider, if the life insured has passed away due to any unforeseen event, a rider benefit equal to Rs. 15 Lakh will be paid to the nominee.
Accidental Disability Benefit Rider	Under this rider, if the life insured suffers any disability due to any unforeseen event, a rider benefit equal to the rider sum assured will be paid to the nominee.
Waiver of Premium Rider	Under this rider, if the policyholder has suffered from any critical illness or gets partially disabled due to an accident, all future premiums of this plan will be waived.
Income Benefit Rider	Under this rider, if any unfortunate event such as death or permanent disability occurs with the life insured, the life insured's family will receive a regular stream of income.

Other Life Insurance Companies

Life Insurance
Term Insurance

LIC Of India

Hdfc Life Insurance

Icici Prudential Life Insurance

SBI Life Insurance

Axis Max Life Insurance

TATA AIA Life Insurance

Pnb Metlife India Insurance

Bajaj Life Insurance

Bandhan Life Insurance

Kotak Mahindra Life Insurance

Canara HSBC Life Insurance

Bharti AXA Life Insurance

Aviva Life Insurance

Indiafirst Life Insurance

Exide Life Insurance

Edelweiss Tokio Life Insurance