Super Cash Plan

KEY FEATURE DOCUMENT
This document only presents the key features of the product and is subject to terms and conditions detailed in the Policy
Document / Sale Literature. Please read the Policy Document / Sales Literature to understand the features, benefits, charges and
other aspects of the product in detail.
Plan Name Ageas Federal Life Insurance Super Cash Plan
UIN 135N099V01
Type of the A Non-linked, Participating, Individual Life Insurance Savings Plan

Policy
Ageas Federal Life Insurance Super Cash Plan is a powerful solution that combines the benefits of immediate
liquidity while assuring a life cover to provide a secured future to your loved ones. It opens the gateway to a
Aim of the realm of SUPER benefits for your family’s security and prosperity. Save the date, Uninterrupted Income Benefit,
policy Premium Offset, Exclusive Benefits for Female, Staff and Online policies, and Rebate for High Sum Assured
promises security and prosperity for your loved ones. To top this all up, the plan starts providing you returns
from the first policy year itself making it a smart solution for your financial needs.
On survival of the Life Assured during the policy term, provided the policy is in force and all due Premiums till
date have been paid/waived, Regular Income as following shall be payable to you in arrear throughout the
policy term.
i. Guaranteed Incomes (GIs) are guaranteed benefits and shall be payable at end of each choosen Income
Survival Payout Frequency throughout the policy term, starting from the first policy year.
Benefit ii. Cash Bonus, if declared shall be payable at end of each choosen Income Payout Frequency throughout the
policy term, Starting from the first policy year.
iii. Guaranteed Boosters (GBs) are guaranteed benefits payable at the end of every 5 years during the Policy
Term, starting from the end of the fifth policy year.
The details on the Survival Benefit are available in the Policy Document.
At the end of the Policy Term, provided the policy is in force and all due Premiums till date have been paid or
waived you will receive the Maturity Benefit in lumpsum. Maturity Benefit shall be calculated as:
i. Sum Assured on Maturity, plus
Maturity
ii. Terminal Bonus, if any
Benefit
On payment of Maturity Benefit, the policy shall terminate and all rights, benefits and interests under the
policy shall stand extinguished.
On unfortunate death of Life Assured during the Policy Term, Death Benefit shall be payable in lumpsum,
provided the policy is in force and all Premiums due till date of death have been paid.
(A) If Uninterrupted Income Benefit is not (B) If Uninterrupted Income Benefit is chosen
chosen
Death Benefit shall be the sum of: Death Benefit shall be higher of:
• Higher value of: • Sum Assured on Death or,
Death Benefit
o Sum Assured on Death or, • Sum Assured on Maturity or,
o Sum Assured on Maturity or, • 10 times the Annual Premium or,
o 10 times the Annual Premium
• Interim Cash Bonus (if any) All future premiums, if any, shall be waived off.
• Terminal Bonus on Death (if any) On payment of Death Benefit, the policy shall
not terminate. Nominee shall continue to receive
On payment of death benefit, the policy will
the Survival Benefits (including any declared
terminate and all rights, benefits and interests
Cash Bonuses) and Maturity Benefit (including
AFLI_KFD_ Super Cash Plan_v1.0_29082023 Page 1 of 2

under the policy will stand extinguished Terminal Bonus on Maturity, if any) same as an
in-force policy.
In any of the cases mentioned above Death benefit shall be at least 105% of Total Premiums Paid as on date of
death. Please refer the Policy Document for details on Survival Benefit
Super Cash Plan provides SUPER Benefits to enhance your cover

- Save The Date – This option allows you to receive survival benefit(s) on your special dates like Birthday,
anniversary etc.
Other - Uninterrupted Income Benefit (UIB) –This option allows you to receive survival and maturity benefit even
Benefits after the death of Life assured without paying any future premiums.
- Premium Offset – This option allows you to utilize the survival benefit for adjusting the due premiums.
- Exclusive Benefits for Female, Staff and Online policies
- Rebate on High Sum Assured and premiums
Premium
Paying The plan offers Limited Pay premium paying option and premium can be paid Yearly, Half-Yearly and Monthly.
Options
The Grace Period is 30 days from the date of the first unpaid premium. All benefits of the policy remain in
Grace Period
force during the Grace Period.
During the first two years if the premium due is not paid before the end of the Grace Period, the policy will
Lapse
lapse and no benefits will be payable during the lapsed state.
You may revive your lapsed policy within 5 years from the due date of the first unpaid premium, subject to
Revival
the revival conditions under the policy.
If all Premiums have been paid for at least two consecutive years, the policy shall acquire a Surrender Value.
After acquisition of Surrender Value, in case of non-payment of due Premiums within the Grace Period, the
policy would be made paid up with reduced benefits. If the paid up policy is not revived before the end of the
Paid-up revival period of five years, the policy would continue as a paid up policy.
The details on the Death Benefit, Survival Benefit, Maturity Benefit and Surrender Value for a paid-up policy
are available in the Policy Document.
You can avail a loan on your policy after it acquires a Surrender Value, subject to the conditions as detailed in
Loan
Policy Document.
Surrender The policy can be surrendered at any time after payment of at least 2 consecutive years’ premiums.
Value The Surrender Value of the policy is higher of Guaranteed Surrender Value (GSV) or Special Surrender Value
(SSV). The details on the Surrender Value are available in the Policy Document.
In case, you are not satisfied with the terms and conditions of the policy you are allowed a free-look period of
at least 15 days (30 days in case of electronic policies and the policies solicited through Distance mode) from
the date of receipt of the policy document, to review the terms and conditions of the policy. In case you do
Free Look
not agree with any of the terms and conditions, you have the option to return the policy to us for cancellation
Period
by communicating the same in writing, stating the reasons for objections. We will refund the premium
amount after deducting the proportionate risk premium for the cover provided during that time plus any
medical examination cost and stamp duty charges incurred by us in respect of the policy.
Suicide
Suicide Exclusion is applicable as detailed in the policy document and sales literature.
Exclusion
Tax Benefits Tax benefit may be available on the premiums paid and benefits received as per prevailing tax laws.
Website: www.ageasfederal.com
Phone: Toll free number 1800 209 0502 from Monday to Saturday between 8 am and 8 pm.
Email: support@ageasfederal.com
nd
Contact us Write: Ageas Federal Life Insurance Co Ltd., 22 Floor, A Wing, Marathon Futurex, N. M. Joshi Marg, Lower
Parel - East, Mumbai - 400013, India.
Branches: Visit or call any branch of You can visit or call any branch of IDBI Bank, Federal Bank or Ageas
Federal Life Insurance (AFLI). For the list of branches, please visit www.ageasfederal.com
AFLI_KFD_ Super Cash Plan_v1.0_29082023 Page 2 of 2

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KEY FEATURE DOCUMENT

Plan Name Ageas Federal Life Insurance Super Cash Plan

Type of the A Non-linked, Participating, Individual Life Insurance Savings Plan

AFLI_KFD_ Super Cash Plan_v1.0_29082023 Page 1 of 2

Super Cash Plan provides SUPER Benefits to enhance your cover

AFLI_KFD_ Super Cash Plan_v1.0_29082023 Page 2 of 2

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