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AFLI launches Super Cash Plan for Regular Income and Security

Published on November 06, 2023
Current Context: Ageas Federal Life Insurance (AFLI) has launched the Super Cash Plan, which is designed to provide regular income and security.
AFLI launches Super Cash Plan for Regular Income and Security
  • This plan offers immediate liquidity through regular income, which could start as early as the first month of the policy, depending on when the policyholder has opted to receive returns.
  • Here are some key details about the Super Cash Plan:
    • Age at Entry: Minimum 0 years (91 days) without Uninterrupted Income Benefit (UIB), Maximum 60 years without UIB, 55 years with UIB
    • Age at Maturity: Minimum 18 Years, Maximum 85 Years
    • Premium Paying Term Tenure: 6,8,10,12 and 15
    • Premium: Minimum Rs. 50000, Maximum No Limit, as per BAUP
    • Premium Paying Frequency: Yearly, Half-Yearly & Monthly
    • Income Payout Frequency: Yearly, Half-Yearly & Monthly

Question:

Q.1 What is the maximum age at maturity for the Super Cash Plan?
a. 60 years
b. 85 years
c. 55 years
d. 18 years
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