The Ageas Federal Life Insurance Golden Years Pension Plan is a Unit Linked, Non-Participating, Individual Pension Plan designed for retirement security.
Ageas Federal Life Insurance, a leading private life insurer in India, launches its newest offerings: Ageas Federal Life Insurance Golden Years Pension Plan with Bluechip Pension Fund.
This plan offers a comprehensive solution to secure the financial futures of policyholders, ensuring your retirement years are comfortable and fun.
Highlights of the pension plan:
- Select from the Classic or Golden Waiver of Premium options;
- Get Early Investment Booster for an early start between age 18-35;
- Flexibility to choose premium payment option;
- Guaranteed Loyalty Booster to boost investment;
- Limited Time Offer: Flat NAV of Rs 10 per unit on Bluechip Pension Fund.
The Ageas Federal Life Insurance Golden Years Pension Plan is a Unit Linked, Non-Participating, Individual Pension Plan designed for retirement security. The plan offers two first-of-its-kind features: the Early Investment Booster, which provides additional allocations to encourage early retirement planning for those aged 18-35, and the Golden Waiver of Premium, which helps in retirement corpus accumulation for policyholders’ loved ones even after their demise. It allows entry ages of 18-70 years for the Classic Option and up to 60 years for the Golden Waiver of Premium Option.
Read More: Earn up to 8.25% FD rate: This private bank revises interest rates on fixed deposits
Bluechip Pension Fund invests in listed equities
The Bluechip Pension Fund invests in listed equities and aims to generate high returns by investing in established and emerging bluechip stocks that have a good track record. The Fund aims to diversify risk by investing in stocks across multiple sectors and making it an excellent choice for a secure and prosperous retirement.
Khushali Girish, Deputy Vice President and Head of Products at Ageas Federal Life Insurance, stated, “We are thrilled to introduce the Golden Years Pension Plan, a product meticulously crafted to cater to the unique retirement needs of our Indian customers. This plan embodies innovation and a futuristic outlook with features like the Early Investment Booster, which aims to encourage young individuals aged 18 to 35 to start their retirement planning early by providing additional units.”
The Golden Waiver of Premium option ensures future premiums are waived, thereby safeguarding the retirement plans of the policyholder’s loved ones in case of an unfortunate event, she said. “We believe this plan will set a new benchmark in retirement planning and provide peace of mind to countless families across the country.”
