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Ageas Federal Life Insurance

MumbaiEst. 2007ageasfederal.com
99.82% CSR

A joint venture between Belgium-based Ageas (74%) and Federal Bank (26%) — formerly IDBI Federal Life Insurance until Ageas acquired IDBI Bank's stake and the company was renamed. IDBI Bank continues as a distribution partner.

Data reviewed: 23 July 2026

99.82%

Claim Settlement Ratio

Source: IRDAI · FY2023–24

2007

Founded

12

Products Listed

Products by Ageas Federal Life Insurance(12)

Information sourced from publicly available data and may not reflect the latest terms. Visit ageasfederal.com for current details.

Ageas Federal Life Insurance

Ageas Federal Saral Jeevan Bima

Ageas Federal's version of the IRDAI-mandated standard term plan, offered alongside the insurer's broader Super Protect and iSecure term range.

Term Insurance5–40 years

Ageas Federal Life Insurance

Ageas Federal Platinum Wealth Builder Plan

A unit-linked insurance plan from Ageas Federal's ULIP range, combining market-linked wealth building with life cover.

ULIP10–20 years

Ageas Federal Life Insurance

Ageas Federal Guaranteed Income Plan

A non-linked savings plan from Ageas Federal offering guaranteed income payouts alongside life cover, part of a savings range that includes Magic Savings and Super Cash Supreme.

Endowment5–20 years

Ageas Federal Life Insurance

Ageas Federal Young Star Plus Plan

A child insurance plan from Ageas Federal Life designed to help parents save for a child's future needs, combining life cover with scheduled benefits.

Child PlanStructured to the child's age, typically running until the child turns 18–25

Ageas Federal Life Insurance

Ageas Federal Criti Care Plan

A fixed-benefit critical illness plan from Ageas Federal Life paying a lump sum on diagnosis of a covered critical illness.

Health5 to 30 years (typical fixed-benefit health plan tenure band)

Ageas Federal Life Insurance

Ageas Federal Life Saral Pension

Pension / Annuity

Ageas Federal Life Insurance

Ageas Federal Life iLife Insurance Plan

An online pure term insurance plan designed to offer financial protection to the insured's family at affordable premium rates.

Term Insurance10 to 50 years

Ageas Federal Life Insurance

Ageas Federal iLife Wealth Plan

An online unit-linked insurance plan combining life protection with capital appreciation across multiple fund choices.

ULIP10 to 30 years

Ageas Federal Life Insurance

Ageas Federal Life Insurance Saral Jeevan Bima

Standard non-linked non-participating individual pure risk premium life insurance plan offering pure life cover with simple terms.

Term Insurance5 to 40 years

Ageas Federal Life Insurance

Ageas Federal Life Insurance Guaranteed Income Plan

A non-linked, non-participating life insurance plan that offers guaranteed regular payouts and life coverage to secure financial milestones.

Endowment10 to 30 years

Ageas Federal Life Insurance

Ageas Federal Life Saral Jeevan Bima

A pure term insurance plan offering life cover at affordable premiums with flexible policy terms and optional riders for enhanced protection.

Term Insurance10, 15, 20, 25, 30, 35, or 40 years

Ageas Federal Life Insurance

Ageas Federal Life iLife Insurance Plan

A unit-linked insurance plan (ULIP) that offers investment-linked life coverage with flexibility to choose between debt and equity funds, along with partial withdrawal and premium redirection options.

ULIP10 to 35 years in multiples of 1 year

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