- People with age between 18 and 65 years are eligible to subscribe to the policy and the policy will cover the individual with a maximum age of 70 years.
- The term of the policy can be between 5 years (minimum) and 10 years (maximum).
- The policy has three premium payment options including:
- single pay
- limited pay
- regular pay
- Regardless of the amount spent on treatment, the policy will provide a lump sum payment upon the first diagnosis of the listed 30 critical illnesses.
- Ageas Federal Life Insurance Co Ltd was established in 2007 with its headquarters in Mumbai. The current MD & CEO of the company is Vighnesh Shahane.
Question:
Q.1 Which of the following recently launched an insurance plan covering 30 critical illnesses and major diseases?a. Bharti AXA
b. Ageas Federal
c. Bajaj Allianz
d. LIC
