{"uin":"135L047V06","name":"Wealth Gain Insurance Plan","url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06","insurer":{"slug":"ageas-federal-life-insurance","name":"Ageas Federal Life Insurance Company Limited","url":"https://indiainsurances.com/insurer/ageas-federal-life-insurance"},"line":"life","category":"ulip","category_name":"ULIPs (unit-linked plans)","irdai_type":null,"kind":"product","status":"active","approved_on":null,"withdrawn_on":null,"summary":"Ageas Federal Wealth Gain Insurance Plan is a unit linked, non-participating, individual life insurance plan with 10, 15 and 20 year policy term options. It pays the higher of death sum assured, fund value or 105% of total premiums paid on death, and pays fund value including guaranteed loyalty additions on maturity.","analysis":{"state":"machine","analysed_at":"2026-10-19 18:14:16.939113+00","note":"First pass: one AI reading; every stated fact carries a verbatim quote found in the cited clause, but it has not been reviewed. Check the clause before relying on it."},"facts":[{"key":"plan_variants","label":"Plans and variants","section":"Overview","meaning":"The named plans inside this product (not cover types or payout options). Facts can differ between them.","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[]},{"key":"policy_term","label":"Policy term","section":"Eligibility","meaning":"How long one policy runs before it ends or must be renewed.","status":"quote-verified","value":"The policy term options are 10, 15 and 20 years, subject to the minimum maturity age of 18 years and maximum maturity age of 74 years.","display":"10, 15 and 20 years","note":"From the prospectus.","quote":"The policy term options available under this plan are of 10, 15 and 20 years. The choice of policy term will be restricted by aminimum maturity age of 18 year and maximum maturity age of 74 years of the life assured.","sources":[{"clause":"2","heading":"Choose the policy term","page":5,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1893#c-2"}],"law":[]},{"key":"claim_intimation","label":"Claim intimation deadline","section":"Claims","meaning":"How soon you must tell the insurer about a claim or hospitalisation.","status":"quote-verified","value":"Death claims should be notified within 90 days from the date of the insured event. Total and permanent disability claims should also be notified within 90 days from the date of insured event.","display":"Within 90 days from the date of insured event","note":"For death claims, delay may be overlooked if due to events beyond the claimant's control.","quote":"Any Death claim should be notified to us within 90 days from the date of the insured event. If the delay occurs due to events beyond the control of the claimant, we may overlook the delay. ... A claim should be notified to us within 90 days from the date of insured event","sources":[{"clause":null,"heading":"For Death Claim","page":22,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-for-death-claim"},{"clause":null,"heading":"For Total and Permanent Disability","page":23,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-for-total-and-permanent-disability"}],"law":[{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 20, 21","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_documents","label":"Claim documents","section":"Claims","meaning":"Documents the insurer asks for when you claim.","status":"quote-verified","value":["Death: original policy document, Death Claim Form, Death Certificate, bank account details with IFSC code, PAN Card, relationship proof, officially valid documents","Unnatural death: First Information Report, Post Mortem report, Panchnama report, Police Final Investigation Report","Maturity: Original Policy Pack, Maturity Form, updated bank details, self-attested PAN and valid KYC, FATCA_CRS Declaration","Total and Permanent Disability: Disability Certificate, Waiver of Premium Benefit claim form, hospital treatment certificate with medical/test records, police records if due to accident, officially valid documents"],"display":"Death, maturity and total and permanent disability claim documents are listed","note":"The insurer may ask for further documentation or information before processing the claim.","quote":"The following need to be produced in case of a Death claim:\n• The original policy document\n• Death Claim Form to be signed and attested by the policy owner / claimant/ assignee\n• Death Certificate issued by Municipal Corporation/ Gram Panchayat\n• Bank Account details With IFSC code of Beneficiary ... • Pan Card of beneficiary\n• Relationship Proof between Insured member and Claimant\n• Officially Valid Documents of the claimant ... In case of an unnatural death, we will ask for the below:\n• First Information Report\n• Post Mortem report\n• Panchnama report\n• Police Final Investigation Report ... The following need to be produced in case of a Maturity claim:\n• Original Policy Pack ... • Maturity Form ... • Updated Bank details ... • Self-Attested PAN and any one of the following valid KYC ... • FATCA_CRS Declaration ... • Disability Certificate by attending physician / institute\n• Waiver of Premium Benefit claim form for Disability\n• Attested copies of Hospital Treatment Certificate with relevant medical / test records by the respective hospitals\n• Police Records in case Disability is due to Accident.\n• Officially Valid Documents of the claimant","sources":[{"clause":null,"heading":"For Death Claim","page":22,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-for-death-claim"},{"clause":null,"heading":"For Maturity","page":23,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-for-maturity"},{"clause":null,"heading":"For Total and Permanent Disability","page":23,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-for-total-and-permanent-disability"}],"law":[{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 17","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 23","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_settlement_time","label":"Claim settlement time promised","section":"Claims","meaning":"How quickly the policy says a claim is decided or paid, and from when that is counted (intimation or last document).","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[{"title":"The Insurance Act, 1938","section":"Section 64UM(4) to (6)","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 10","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 15","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 16","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(i), V.3(ii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.4","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 23","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"The Motor Vehicles Act, 1988: Chapter XI, insurance of motor vehicles against third party risks","section":"Section 149","url":"https://indiainsurances.com/law/motor-vehicles-act-1988"}]},{"key":"exclusions_main","label":"Main exclusions","section":"Exclusions","meaning":"What the policy does not pay for, in the policy's own words.","status":"quote-verified","value":["Suicide within 12 months from commencement or revival: fund value is payable","Intentional self-inflicted injury, suicide or attempted suicide, while sane or insane","Influence of drugs, alcohol, narcotics or psychotropic substances unless taken as lawfully prescribed","War, invasion, hostilities, civil war, mutiny, rebellion, revolution, insurrection, riot, civil commotion, strikes or participation in naval, military, air force, police, paramilitary or similar organization","Participation in any flying activity, except as a bona fide, fare-paying passenger and aviation industry employee like pilot or cabin crew of a recognized airline","Participation by the insured person in a criminal or unlawful act with criminal intent","Hazardous activities including diving, racing, martial arts, hunting, mountaineering, parachuting, bungee-jumping and underwater activities","Nuclear contamination or radioactive, explosive or hazardous nature of nuclear fuel materials","Pre-existing disease"],"display":"Suicide clause and Total and Permanent Disability exclusions","note":"The listed exclusions other than suicide apply to Total and Permanent Disability benefits.","quote":"In case of death due to suicide within 12 months from the date of commencement of the policy or from the date of revival of the policy, as applicable, the nominee or the beneficiary of the policyholder shall be entitled to the fund value ... Intentional self-inflicted injury, suicide or attempted suicide, while sane or insane. ... influence of drugs, alcohol, narcotics or psychotropic substances unless taken in accordance with the lawful directions and prescription of a registered independent medical practitioner ... war, invasion, act of foreign enemy, hostilities (whether war be declared or not), armed or unarmed truce, civil war, mutiny, rebellion, revolution, insurrection, military or usurped power, riot or civil commotion, strikes or participation in any naval, military or air force operation during peace time or during service in any police, paramilitary or any similar organization. ... participation by the insured person in any flying activity, except as a bona fide, fare-paying passenger and aviation industry employee like pilot or cabin crew of a recognized airline ... Participation by the insured person in a criminal or unlawful act with criminal intent. ... Engaging in or taking part in hazardous activities*, including but not limited to, diving or riding or any kind of race; martial arts; hunting; mountaineering; parachuting; bungee-jumping; underwater activities involving the use of breathing apparatus or not. ... nuclear contamination; the radioactive, explosive or hazardous nature of nuclear fuel materials or property contaminated by nuclear fuel materials or accident arising from such nature.\nPre-existing disease.","sources":[{"clause":"2","heading":"Suicide exclusion","page":31,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-2-4"},{"clause":"1","heading":null,"page":8,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-1-2"},{"clause":"2","heading":null,"page":8,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-2-2"},{"clause":"3","heading":null,"page":9,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-3-2"},{"clause":"4","heading":null,"page":9,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-4-2"},{"clause":"5","heading":null,"page":9,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-5-2"},{"clause":"6","heading":null,"page":9,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-6-2"},{"clause":"7","heading":null,"page":9,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-7-2"}],"law":[{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 11","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 16","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"grievance","label":"Grievance route","section":"Claims","meaning":"Who to complain to first, as stated in the policy, before going to the Insurance Ombudsman.","status":"quote-verified","value":"First approach Ageas Federal Life Insurance Company's head office or any branch. If not satisfied with that decision or if there is no response within 10 days, contact the Chief Operations Officer.","display":"Head office or branch first; then Chief Operations Officer after no satisfaction or no response within 10 days","note":null,"quote":"In case you have any query, request or complaint/grievance, you may approach our head office office at the following address or any of our branches: ... In case you are not satisfied with the decision of the above office, or have not received any response within 10 days, you may contact the following official for resolution:\nChief Operations Officer","sources":[{"clause":"2","heading":"Grievances","page":35,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-2-5"}],"law":[{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 3","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 4","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 5","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(11)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(42)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 34","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 69","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Insurance Act, 1938","section":"Section 38","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 12","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 19","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 20","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 13","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(5), 5(6)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(9)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 25","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 26","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule III, Para 11","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"Review of revision in premium rates under health insurance policies for senior citizens, 2025","section":"Para 3","url":"https://indiainsurances.com/law/irdai-senior-premium-2025"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 13","url":"https://indiainsurances.com/law/ombudsman-rules-2017"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 14","url":"https://indiainsurances.com/law/ombudsman-rules-2017"}]},{"key":"sum_assured","label":"Sum assured","section":"Cover","meaning":"The minimum and maximum life cover, or the rule that sets it (for example 10 times the annual premium).","status":"quote-verified","value":"Death Sum Assured is the higher of 10 times the Annualized Premium or 0.5 x Policy Term x Annualized Premium.","display":"Higher of 10 times Annualized Premium or 0.5 x Policy Term x Annualized Premium","note":null,"quote":"Death Sum Assured is higher of o 10 times the Annualized Premium or o 0.5 x Policy Term x Annualized Premium, where, Annualized Premium means the premium amount payable in a year excluding taxes, rider premiums and underwriting extra premium on riders, if any.","sources":[{"clause":null,"heading":"5. Death benefit","page":6,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-5-death-benefit"}],"law":[]},{"key":"death_benefit","label":"Death benefit","section":"Cover","meaning":"What your family gets if you die during the term, and how it is calculated.","status":"quote-verified","value":"On death before maturity while the policy has not been discontinued, surrendered or terminated, the claimant receives the highest of the Sum Assured on Death, the fund value on the date of valid death notification, or 105% of total premiums paid till death.","display":"Highest of Sum Assured on Death, fund value on death notification date, or 105% of total premiums paid","note":"On payment of Death Benefit, the policy terminates.","quote":"On death of insured person before maturity date and while the policy has not been discontinued, surrendered, terminated, we will pay the claimant the highest of the 3 amounts given below:\n• Sum Assured on Death (Death sum assured), or\n• the fund value on the date of valid notification of the death to us, or\n• 105% of the total premiums paid till the date of occurrence of death","sources":[{"clause":null,"heading":"5. Death benefit","page":6,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-5-death-benefit"}],"law":[]},{"key":"maturity_benefit","label":"Maturity benefit","section":"Cover","meaning":"What you get if you survive to the end of the term.","status":"quote-verified","value":"On the maturity date, the maturity benefit is the fund value including guaranteed loyalty additions as on the maturity date.","display":"Fund value including guaranteed loyalty additions on the maturity date","note":null,"quote":"On the maturity date, we will pay you the maturity benefit. The maturity benefit is your fund value including guaranteed loyalty additions as on the maturity date.","sources":[{"clause":null,"heading":"1. Maturity benefit","page":5,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-1-maturity-benefit"}],"law":[]},{"key":"premium_paying_term","label":"Premium paying term","section":"Premium","meaning":"For how many years you pay premiums.","status":"quote-verified","value":"Premiums can be paid for 5, 10, 15 or 20 years depending on age. For ages below 50 years the options are 5, 10, 15 and 20 years, and for age 50 years and above the options are 10, 15 and 20 years.","display":"5, 10, 15 or 20 years depending on age","note":"From the prospectus.","quote":"Premium Payment Term (PPT) | For ages be | low 50 years : 5 / 10 / 15/ 20 years years and above : 10 / 15/ 20 years\nFor age 50 years and above : 10 / 15/ 20 years ... You can opt to pay premiums for 5, 10, 15 or 20 years depending on your age.","sources":[{"clause":null,"heading":null,"page":1,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1893#c-s1"},{"clause":"3","heading":null,"page":5,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1893#c-3"}],"law":[]},{"key":"maturity_age","label":"Maximum maturity age","section":"Eligibility","meaning":"The oldest age at which cover ends.","status":"quote-verified","value":"The maximum maturity age is 74 years of the life assured.","display":"74 years","note":"From the prospectus.","quote":"maximum maturity age of 74 years of the life assured","sources":[{"clause":"2","heading":"Choose the policy term","page":5,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1893#c-2"}],"law":[]},{"key":"suicide_clause","label":"Suicide clause","section":"Exclusions","meaning":"What is paid if death is by suicide within the first 12 months.","status":"quote-verified","value":"If death due to suicide occurs within 12 months from policy commencement or revival, the nominee or beneficiary is entitled to the fund value as available on the date of intimation of death, with charges other than FMC recovered after death added back.","display":"Fund value on death intimation date if suicide within 12 months","note":null,"quote":"In case of death due to suicide within 12 months from the date of commencement of the policy or from the date of revival of the policy, as applicable, the nominee or the beneficiary of the policyholder shall be entitled to the fund value, as available on the date of intimation of death. Further any charges other than FMC recovered subsequent to the date of death shall be added back to the fund value as available on the date of intimation of death.","sources":[{"clause":"2","heading":"Suicide exclusion","page":31,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-2-4"}],"law":[{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 21","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 35","url":"https://indiainsurances.com/law/irdai-life-products-2024"}]},{"key":"surrender","label":"Surrender value","section":"Renewal and rights","meaning":"What you get if you stop the policy early, and from when.","status":"quote-verified","value":"If surrendered during the lock-in period, unit fund value after discontinuance charges goes to the discontinued policy fund, risk cover and rider cover cease, and proceeds are payable at the end of the lock-in period. If surrendered after the lock-in period, surrender value is at least the unit fund value as on the date of surrender.","display":"During lock-in: discontinued policy fund payable at end of lock-in; after lock-in: at least unit fund value","note":"Once surrendered, the policy cannot be revived.","quote":"If you surrender the policy during lock-in period, the unit fund value after deducting applicable discontinuance charges shall be credited to the discontinued policy fund and risk cover and rider cover, if any, shall cease. The proceeds of the discontinued policy fund shall become payable at the end of the lock-in period. ... In case you surrender the policy after lock-in period, the surrender value shall be at least equal to the unit fund value as on the date of surrender. ... However, once the policy is surrendered, it cannot be revived.","sources":[{"clause":null,"heading":"8. Surrender","page":22,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-8-surrender"}],"law":[{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 26.1 to 26.3","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 26.4 and 26.5","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 27","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.3","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.6","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.16 and 1.17","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(A)(a)(1) to (3)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(A)(a)(4) and (5)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(A)(a)(6) to (9)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(B)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 2(A)(vi)(c)(V)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"paid_up","label":"Paid-up value","section":"Renewal and rights","meaning":"What cover continues if you stop paying premiums after a few years.","status":"quote-verified","value":"After the lock-in period, on non-payment after the grace period the policy becomes reduced paid-up, with paid-up sum assured equal to original sum assured multiplied by the ratio of premiums already paid to the maximum period originally payable. Within five years, the fund value after discontinuance charges is credited to the discontinued policy fund and risk cover and rider cover cease.","display":"After lock-in: reduced paid-up; within five years: risk cover and rider cover cease","note":null,"quote":"Upon expiry of the grace period, in case of discontinuance of policy due to non-payment of premium after lock-in period, the policy shall be converted into a reduced paid-up policy with the paid-up sum assured i.e. original sum assured multiplied by a ratio of “total period for which premiums have already been paid” to the “maximum period for which premiums were originally payable”. ... Upon expiry of the grace period, in case of discontinuance of policy due to non-payment of premium,, the fund value after deducting the applicable discontinuance charges, shall be credited to the discontinued policy fund and the risk cover and rider cover, if any, shall cease.","sources":[{"clause":"14(i)","heading":null,"page":19,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-14-i"},{"clause":null,"heading":"Discontinuing your premiums within five years of the commencement date","page":20,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-discontinuing-your-premiums-within-five-years-of"}],"law":[]},{"key":"revival","label":"Revival period","section":"Renewal and rights","meaning":"How long after lapsing you can restart the policy.","status":"quote-verified","value":"The revival period is three consecutive complete years from the date of first unpaid premium.","display":"3 consecutive complete years from the date of first unpaid premium","note":null,"quote":"“Revival Period” Revival Period means the period of three consecutive complete years from the date of first unpaid premium.","sources":[{"clause":null,"heading":"DEFINITIONS","page":1,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-definitions"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 50","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.1 and 40.1.2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.4","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.6","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.7","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, III.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.10","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.28","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.39","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"policy_loan","label":"Policy loan","section":"Renewal and rights","meaning":"Whether you can borrow against the policy.","status":"quote-verified","value":"No policy loans are available under this policy.","display":"No policy loans","note":null,"quote":"No policy loans are available under this policy.","sources":[{"clause":null,"heading":"12. Loans","page":25,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-12-loans"}],"law":[]},{"key":"riders_available","label":"Riders available","section":"Cover","meaning":"Optional add-ons such as accidental death, critical illness or waiver of premium.","status":"quote-verified","value":["Ageas Federal Life Insurance Linked Accident Care Rider | 135A036V01","Ageas Federal Life Insurance Linked Critical Shield Rider | 135A038V01"],"display":"Linked Accident Care Rider and Linked Critical Shield Rider","note":"From the prospectus. The CIS row is for riders opted, if any, and says 'Not available'.","quote":"You can enhance your coverage during the policy term by adding the following optional rider at a nominal cost, over and above your base policy premium. ... 1 | Ageas Federal Life Insurance Linked Accident Care Rider | 135A036V01 (or any other latest version) ... 2 | Ageas Federal Life Insurance Linked Critical Shield Rider | 135A038V01 (or any other latest version)","sources":[{"clause":null,"heading":"Unit price (Net Asset Value)","page":16,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1893#c-unit-price-net-asset-value"},{"clause":"Row 1","heading":"Ageas Federal Life Insurance Linked Accident Care Rider","page":18,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1893#c-row-1"},{"clause":"Row 2","heading":"Ageas Federal Life Insurance Linked Critical Shield Rider","page":18,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1893#c-row-2"}],"law":[]},{"key":"section45","label":"Claims after 3 years (Section 45)","section":"Claims","meaning":"After 3 years a life policy cannot be questioned on any ground, and only for fraud with proof before that.","status":"quote-verified","value":"After expiry of 3 years from the later of policy issuance, commencement of risk, revival or rider date, a life insurance policy cannot be called in question on any ground. Within 3 years it may be questioned on fraud, or on incorrect statement or suppression of a material fact, with written communication of the grounds and materials.","display":"Cannot be called in question after 3 years; fraud or material misstatement grounds within 3 years","note":null,"quote":"No Policy of Life Insurance shall be called in question on any ground whatsoever after expiry of 3 yrs from\na) the date of issuance of policy or\nb) the date of commencement of risk or\nc) the date of revival of policy or\nd) the date of rider to the policy whichever is later. ... On the ground of fraud, a policy of Life Insurance may be called in question within 3 years ... mentioning the ground and materials on which such decision is based. ... Life insurance Policy can be called in question within 3 years on the ground that any statement of or suppression of a fact material to expectancy of life of the insured was incorrectly made","sources":[{"clause":"1","heading":null,"page":45,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-1-8"},{"clause":"2","heading":null,"page":45,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-2-11"},{"clause":"6","heading":null,"page":45,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-6-7"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 45","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 10","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 10","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, IV.6","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 8","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"tax_note","label":"Tax note in the document","section":"Premium","meaning":"What the document says about tax benefits. Not stated when it only says taxes are charged on the premium. Tax law changes; confirm separately.","status":"quote-verified","value":"Tax benefits may be available as per prevailing tax laws, and tax benefits are subject to change as per tax laws.","display":"Tax benefits may be available as per prevailing tax laws","note":"From the prospectus.","quote":"Tax Benefits# may be available as per the prevailing tax laws.\n#Tax benefits are subject to change as per tax laws. Please consult your tax advisor for determining the tax benefits applicable to you.","sources":[{"clause":null,"heading":"Guaranteed loyalty","page":7,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1893#c-guaranteed-loyalty"}],"law":[]},{"key":"free_look","label":"Free-look period","section":"Renewal and rights","meaning":"Days after you receive the policy in which you can return it for a refund if you do not agree with its terms.","status":"quote-verified","value":{"unit":"days","amount":30},"display":"30 days","note":null,"quote":"You are entitled to a free look period of 30 days beginning from the date of receipt of the policy document (whether received electronically or otherwise), to review the terms and conditions of the policy.","sources":[{"clause":null,"heading":"5. Free Look Period","page":18,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-5-free-look-period"}],"law":[{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 5","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 5","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(1), 20(2)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(3) to 20(5)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(6)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, II.8","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, III.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, III.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"grace_period","label":"Grace period","section":"Renewal and rights","meaning":"Days you get after the due date to pay without losing cover or continuity.","status":"quote-verified","value":{"unit":"days","amount":15},"display":"15 days for monthly basis and 30 days in all other cases","note":"30 days applies in all cases other than monthly premium payment.","quote":"The grace period for payment of the premium shall be 15 days where you pay the premium on a monthly basis and 30 days in all other cases.","sources":[{"clause":"1","heading":"Grace Period","page":31,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-1-4"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 50","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 8","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 9","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 8","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, IV.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, IV.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.2","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule III, Para 1.3","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"eligibility_entry_age","label":"Entry age","section":"Eligibility","meaning":"The youngest and oldest age at which you can buy this policy.","status":"quote-verified","value":"The entry age is 5 years minimum and 60 years maximum, as on last birthday.","display":"5 years to 60 years","note":"From the prospectus.","quote":"Age at entry | 5 years | 60 years (as on last birthday)","sources":[{"clause":null,"heading":null,"page":1,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1893#c-s1"}],"law":[]},{"key":"premium_modes","label":"Premium payment options","section":"Premium","meaning":"How often you can pay: yearly, half-yearly, quarterly, monthly.","status":"quote-verified","value":["Annual","monthly"],"display":"Annual and monthly","note":null,"quote":"“Premium paying frequency” It is the frequency option available for making premium payments. Annual and monthly frequency is available in this plan.","sources":[{"clause":null,"heading":"DEFINITIONS","page":1,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-definitions"}],"law":[]},{"key":"premium_type","label":"Premium payment type","section":"Premium","meaning":"Single premium, regular premium (every year of the term) or limited premium (fewer years than the term).","status":"quote-verified","value":["regular premiums","limited term","entire duration of your policy"],"display":"Regular premiums; limited term or entire duration","note":"No single premium option is stated.","quote":"Payment of premiums under this policy will be by regular premiums. ... You can opt to pay premiums for 5, 10, 15 or 20 years depending on your age. You have the option of paying premiums for a limited term or for the entire duration of your policy.","sources":[{"clause":null,"heading":"7. Premiums","page":9,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-7-premiums"},{"clause":"3","heading":null,"page":5,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1893#c-3"}],"law":[]},{"key":"lock_in","label":"Lock-in period","section":"Renewal and rights","meaning":"Years before you can withdraw. ULIPs have a 5-year lock-in.","status":"quote-verified","value":{"unit":"years","amount":5},"display":"5 consecutive completed years","note":null,"quote":"“Lock-in-period” Lock-in-period means the period of five consecutive completed years from the date of commencement of the policy, during which period the proceeds of the policies cannot be paid by the insurer to the policyholder or to the insured, as the case may be, except in the case of death or upon the happening of any other contingency covered under the policy.","sources":[{"clause":null,"heading":"DEFINITIONS","page":1,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-definitions"}],"law":[{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.1 and 40.1.2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.5","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 4","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 42","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 54.1 and 54.2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, IV.5","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.22 to 1.24","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(B)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 2(A)(vii) to (ix)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 2(A)(vi)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"funds","label":"Fund options","section":"Cover","meaning":"The investment funds you can choose and their risk.","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[]},{"key":"premium_allocation_charge","label":"Premium allocation charge","section":"Charges","meaning":"Part of each premium taken before investing.","status":"quote-verified","value":"For regular policies, the premium allocation charge is 3.00% p.a. in Year 1, 1.50% p.a. in Years 2-5 and 1.00% p.a. from Year 6 onwards. For online, ISNP or staff policies, it is 1.50% p.a. in Years 1-5 and 1.00% p.a. from Year 6 onwards.","display":"3.00% Year 1, 1.50% Years 2-5, 1.00% Year 6+; online/ISNP/staff 1.50% Years 1-5, 1.00% Year 6+","note":"Goods and services tax is deducted as applicable to the premium allocation charge.","quote":"Premium allocation charge as a percentage of premiums is given below:\nPremium Allocation Charge as % of Annual Premium | Year 1 | Year 2 -5 | Year 6+\n3.00% p.a. | 1.50% p.a. | 1.00% p.a. ... <Insert if policy purchased online/ISNP, staff policies> ... Premium Allocation Charge as % of Annual Premium | Year 1 -5 | Year 6+\n1.50% p.a. | 1.00% p.a.","sources":[{"clause":"Part E(a)","heading":null,"page":26,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-part-e-a-2"}],"law":[]},{"key":"policy_admin_charge","label":"Policy administration charge","section":"Charges","meaning":"Monthly charge deducted from your fund.","status":"quote-verified","value":"The policy administration charge is 3.5% p.a. of annual premium throughout the policy term, subject to a maximum of Rs. 500 per month, deducted monthly by cancellation of units. For online, ISNP or staff policies, the charge is 1.75% p.a. throughout the policy term, also subject to Rs. 500 per month.","display":"3.5% p.a. of annual premium, max Rs. 500 per month; online/ISNP/staff 1.75% p.a., max Rs. 500 per month","note":null,"quote":"We deduct the policy administration charge as percentage of annual premium which is 3.5% p.a. throughout the policy term. The charge will be subject to a maximum of Rs. 500 per month. It will be deducted on a monthly basis of 1/12th of the annual charge by cancellation of units.\n<Insert if policy purchased online/ISNP, staff policies> We deduct the policy administration charge as percentage of annual premium which is 1.75% p.a. throughout the policy term. The charge will be subject to a maximum of Rs. 500 per month.","sources":[{"clause":"Part E(b)","heading":null,"page":26,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-part-e-b-2"}],"law":[]},{"key":"fund_management_charge","label":"Fund management charge","section":"Charges","meaning":"Yearly charge on fund value; capped at 1.35% by IRDAI.","status":"quote-verified","value":"Fund management charge is 1.35% per year for each investment fund other than the discontinued policy fund, for which the charge is 0.50% p.a. The charge is appropriated by adjusting the NAV daily.","display":"1.35% per year; discontinued policy fund 0.50% p.a.","note":null,"quote":"Fund Management Charge is levied as a percentage of the value of assets and will be appropriated by adjusting the NAV on a daily basis. ... nd management charge is 1.35% per year for each investment fund available other than continued policy fund, for which the charge is 0.50% p.a.","sources":[{"clause":null,"heading":"3. Units","page":16,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-3-units"},{"clause":"Part E(c)","heading":null,"page":27,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-part-e-c-2"}],"law":[]},{"key":"mortality_charge","label":"Mortality charge","section":"Charges","meaning":"Cost of life cover, deducted monthly by age.","status":"quote-verified","value":"At the beginning of each policy month, mortality charge equals one-twelfth of the mortality rate multiplied by sum at risk divided by 1,000. The mortality rate is based on the life insured's age at the beginning of the month, and no mortality charge is deducted if fund value is higher than the death benefit.","display":"Monthly: one-twelfth of mortality rate x sum at risk / 1,000","note":"The policy wording contains a mortality rate table by age and sex.","quote":"At the beginning of each policy month we will calculate the mortality charge for your policy.\n• The mortality charge = One-twelfth of the mortality rate X *sum at risk 1,000 The mortality rate is determined as per the age (in years) of the life insured at the beginning of the month for which the mortality charge is being calculated.\n*Sum at risk is the amount by which the Death benefit ( reduced by applicable partial withdrawls )exceeds the fund value. If the total fund value is higher than Death benefit, then Sum at risk will be nil and no mortality charges will be deducted.","sources":[{"clause":"Part E(c)","heading":null,"page":27,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-part-e-c-2"}],"law":[]},{"key":"discontinuance_charge","label":"Discontinuance charge","section":"Charges","meaning":"Charge if you stop paying in the first five years.","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[]},{"key":"switches_withdrawals","label":"Switches and partial withdrawals","section":"Renewal and rights","meaning":"Free fund switches and withdrawals after lock-in.","status":"quote-verified","value":"Switching between funds can be done any number of times free of charge, with no restriction on the number of switches in a policy year. Partial withdrawals are allowed only after the lock-in period, up to 20% of the fund value at the beginning of that policy year, with minimum withdrawal Rs 10,000 and no partial withdrawal charge.","display":"Unlimited free switches; partial withdrawals after lock-in, max 20% of beginning fund value, minimum Rs 10,000, no charge","note":"Switching is not allowed if Systematic Allocator is opted; child policies cannot make partial withdrawals until the minor life insured attains age 18.","quote":"Such switching between funds can be done any number of times free of charge. ... There is no restriction on number of switches allowed in a policy year. ... Partial withdrawals shall be allowed only after completion of lock-in period ; subject to a total amount being withdrawn in any policy year is not more than 20% of the Fund Value as at the beginning of that policy year. ... The minimum amount of any partial withdrawal is Rs 10,000 and the fund value after the partial withdrawal should not be less than one annualized premium.\n• There is no partial withdrawal charge.","sources":[{"clause":null,"heading":"4. Switching","page":18,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-4-switching"},{"clause":null,"heading":"6. Partial withdrawals","page":19,"url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888#c-6-partial-withdrawals"}],"law":[]}],"documents":[{"kind":"wording","label":"Sample Policy Document","pages":46,"fetched_at":"2026-10-17 19:33:43+00","source_url":"https://sacicwpprd01.blob.core.windows.net/%24web/sccicwppr01/assets/Web_PD_Wealth_Gain_Insurance_Plan_4_5_10_07_2026_58a3c267f7.pdf","url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1888"},{"kind":"prospectus","label":"Prospectus","pages":32,"fetched_at":"2026-10-17 19:33:55+00","source_url":"https://sacicwpprd01.blob.core.windows.net/%24web/sccicwppr01/assets/Wealth_Gain_Insurance_Plan_Brochure_Indi_Genius_Fund_94ecc7e207.pdf","url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1893"},{"kind":"cis","label":"Customer Information Sheet","pages":3,"fetched_at":"2026-10-17 19:33:44+00","source_url":"https://sacicwpprd01.blob.core.windows.net/%24web/sccicwppr01/assets/CIS_Wealth_Gain_Insurance_Plan_10_07_2026_e2c17814a9.pdf","url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1883"},{"kind":"brochure","label":"Flyer","pages":3,"fetched_at":"2026-10-17 19:34:16+00","source_url":"https://sacicwpprd01.blob.core.windows.net/%24web/sccicwppr01/assets/KFD_Wealth_Gain_Insurance_Plan_10_07_2026_292e57fd51.pdf","url":"https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06/document/1913"}],"versions":[],"where_to_buy":[{"purpose":"buy","kind":"insurer","name":"Ageas Federal Life Insurance official website","url":"https://www.ageasfederal.com/","note":"Buy directly from the insurer."},{"purpose":"buy","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."}],"claims_and_complaints":[{"purpose":"claim","kind":"insurer","name":"Claims","url":"https://www.ageasfederal.com/claims","note":null},{"purpose":"claim","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."},{"purpose":"grievance","kind":"insurer","name":"Complaint or query","url":"https://www.ageasfederal.com/services/complaint-query","note":null},{"purpose":"grievance","kind":"official","name":"Bima Bharosa (IRDAI grievance portal)","url":"https://bimabharosa.irdai.gov.in/","note":"Register and track a complaint against any insurer with IRDAI. Complain to the insurer first; escalate here if the reply is late or unsatisfactory."},{"purpose":"grievance","kind":"official","name":"e-Daakhil (consumer commission e-filing)","url":"https://edaakhil.nic.in/","note":"Not reachable from our crawler on 2026-10-19; use e-Jagriti if this link does not open."},{"purpose":"grievance","kind":"official","name":"e-Jagriti (consumer commission filing)","url":"https://e-jagriti.gov.in/","note":"Ministry of Consumer Affairs platform for consumer commission cases, a route for insurance disputes that the Ombudsman does not settle."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Ahmedabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Gujarat, Dadra & Nagar Haveli, Daman and Diu. Email: oio.ahmedabad@cioins.co.in. Phone: 079 - 25501201/02. Address: Office of the Insurance Ombudsman, Jeevan Prakash Building, 6th floor, Tilak Marg, Relief Road, AHMEDABAD – 380 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bengaluru","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Karnataka. Email: oio.bengaluru@cioins.co.in. Phone: 080 - 26652048 / 26652049. Address: Office of the Insurance Ombudsman, Jeevan Soudha Building,PID No. 57-27-N-19 Ground Floor, 19/19, 24th Main Road, JP Nagar, Ist Phase, Bengaluru – 560 078."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhopal","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Madhya Pradesh, Chhattisgarh. Email: oio.bhopal@cioins.co.in. Phone: 0755 - 2769201 / 2769202 / 2769203. Address: Office of the Insurance Ombudsman, 1st floor,\"Jeevan Shikha\", 60-B,Hoshangabad Road, Opp. Gayatri Mandir,Arera Hills Bhopal – 462 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhubaneswar","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Odisha. Email: oio.bhubaneswar@cioins.co.in. Phone: 0674 - 2596461 /2596455/2596429/2596003. Address: Office of the Insurance Ombudsman, 62, Forest park, Bhubaneswar – 751 009."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chandigarh","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Punjab, Haryana (excluding Gurugram, Faridabad, Sonepat and Bahadurgarh), Himachal Pradesh, Union Territories of Jammu & Kashmir,Ladakh & Chandigarh. Email: oio.chandigarh@cioins.co.in. Phone: 0172-2706468. Address: Office Of The Insurance Ombudsman, Jeevan Deep Building SCO 20-27, Ground Floor Sector- 17 A, Chandigarh – 160 017."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chennai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Tamil Nadu, PuducherryTown and Karaikal (which are part of Puducherry). Email: oio.chennai@cioins.co.in. Phone: 044 - 24333668 / 24333678. Address: Office of the Insurance Ombudsman, Fatima Akhtar Court, 4th Floor, 453, Anna Salai, Teynampet, CHENNAI – 600 018."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Delhi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Delhi & following Districts of Haryana - Gurugram, Faridabad, Sonepat & Bahadurgarh. Email: oio.delhi@cioins.co.in. Phone: 011 - 46013992/23213504/23232481. Address: Office of the Insurance Ombudsman, 2/2 A, Universal Insurance Building, Asaf Ali Road, New Delhi – 110 002."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Guwahati","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Assam, Meghalaya, Manipur, Mizoram, Arunachal Pradesh, Nagaland and Tripura. Email: oio.guwahati@cioins.co.in. Phone: 0361 - 2632204 / 2602205 / 2631307. Address: Office of the Insurance Ombudsman, Jeevan Nivesh, 5th Floor, Near Pan Bazar , S.S. Road, Guwahati – 781001(ASSAM)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Hyderabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Andhra Pradesh, Telangana, Yanam and part of Union Territory of Puducherry. Email: oio.hyderabad@cioins.co.in. Phone: 040 - 23312122 / 23376991 / 23376599 / 23328709 / 23325325. Address: Office of the Insurance Ombudsman, 6-2-46, 1st floor, \"Moin Court\", Lane Opp.Hyundai Showroom , A. C. Guards, Lakdi-Ka-Pool, Hyderabad - 500 004."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Jaipur","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Rajasthan. Email: oio.jaipur@cioins.co.in. Phone: 0141- 2740363. Address: Office of the Insurance Ombudsman, Jeevan Nidhi – II Bldg., Gr. Floor, Bhawani Singh Marg, Jaipur - 302 005."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kochi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Kerala, Lakshadweep, Mahe-a part of Union Territory of Puducherry. Email: oio.ernakulam@cioins.co.in. Phone: 0484 - 2358759. Address: Office of the Insurance Ombudsman, 10th Floor, Jeevan Prakash,LIC Building, Opp to Maharaja's College Ground,M.G.Road, Kochi - 682 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kolkata","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: West Bengal, Sikkim, Andaman & Nicobar Islands. Email: oio.kolkata@cioins.co.in. Phone: 033 - 22124339 / 22124341. Address: Office of the Insurance Ombudsman, Hindustan Bldg. Annexe, 7th Floor, 4, C.R. Avenue, KOLKATA - 700 072."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Lucknow","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Districts of Uttar Pradesh : Lalitpur, Jhansi, Mahoba, Hamirpur, Banda, Chitrakoot, Allahabad, Mirzapur, Sonbhabdra, Fatehpur, Pratapgarh, Jaunpur,Varanasi, Gazipur, Jalaun, Kanpur, Lucknow, Unnao, Sitapur, Lakhimpur, Bahraich, Barabanki, Raebareli, Sravasti, Gonda, Faizabad, Amethi, Kaushambi, Balrampur, Basti, Ambedkarnagar, Sultanpur, Maharajgang, Santkabirnagar, Azamgarh, Kushinagar, Gorkhpur, Deoria, Mau, Ghazipur, Chandauli, Ballia, Sidharathnagar. Email: oio.lucknow@cioins.co.in. Phone: 0522 - 4002082 / 3500613. Address: Office of the Insurance Ombudsman, 6th Floor, Jeevan Bhawan, Phase-II, Nawal Kishore Road, Hazratganj, Lucknow - 226 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Mumbai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: List of wards under Mumbai Metropolitan Region excluding wards in Mumbai – i.e M/E, M/W, N , S and T covered under Office of Insurance Ombudsman Thane and excluding areas of Navi Mumbai. Email: oio.mumbai@cioins.co.in. Phone: 022 - 69038800/27/29/31/32/33. Address: Office of the Insurance Ombudsman, 3rd Floor, Jeevan Seva Annexe, S. V. Road, Santacruz (W), Mumbai - 400 054."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Noida","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Uttarakhand and the following Districts of Uttar Pradesh: Agra, Aligarh, Bagpat, Bareilly, Bijnor, Budaun, Bulandshehar, Etah, Kannauj, Mainpuri, Mathura, Meerut, Moradabad, Muzaffarnagar, Oraiyya, Pilibhit, Etawah, Farrukhabad, Firozbad, Gautam Buddh nagar, Ghaziabad, Hardoi, Shahjahanpur, Hapur, Shamli, Rampur, Kashganj, Sambhal, Amroha, Hathras, Kanshiramnagar, Saharanpur. Email: oio.noida@cioins.co.in. Phone: 0120-4027589. Address: Office of the Insurance Ombudsman, Bhagwan Sahai Palace 4th Floor, Main Road, Naya Bans, Sector 15, Distt: Gautam Buddh Nagar, U.P-201301."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: offices and jurisdiction","url":"https://www.cioins.co.in/Ombudsman","note":"Addresses, phone numbers, e-mail and the states or districts each Ombudsman office covers."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Patna","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Bihar, Jharkhand. Email: oio.patna@cioins.co.in. Phone: 0612-2547068. Address: Office of the Insurance Ombudsman, 2nd Floor, Lalit Bhawan, Bailey Road, Patna 800 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Pune","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Goa and State of Maharashtra excluding areas of Navi Mumbai, Thane district,Palghar District, Raigad district & Mumbai Metropolitan Region. Email: oio.pune@cioins.co.in. Phone: 020-24471175. Address: Office of the Insurance Ombudsman, Jeevan Darshan Bldg., 3rd Floor, C.T.S. No.s. 195 to 198, N.C. Kelkar Road, Narayan Peth, Pune – 411 030."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: register a complaint online","url":"https://cioins.co.in/Complaint/Online","note":"Council for Insurance Ombudsmen. Free. For disputes with an insurer after its own grievance process; the office is chosen by where you live (see the offices list)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Thane","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Area of Navi Mumbai, Thane District, Raigad District, Palghar District and wards of Mumbai , M/East, M/West, N, S and T. Email: oio.thane@cioins.co.in. Phone: 022-20812868/69. Address: Office of the Insurance Ombudsman, Jeevan Chintamani Building, 2nd Floor,Near New RTO Office, Louis Wadi,Vasantrao Naik Mahamarg, Thane (West)- 400604."},{"purpose":"grievance","kind":"official","name":"National Consumer Helpline","url":"https://consumerhelpline.gov.in/public/","note":"Government consumer helpline; can take up a complaint before you go to a consumer commission."},{"purpose":"port","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."}],"notice":"Information, not advice. IndiaInsurances is not an insurer or an insurance intermediary, does not sell insurance and earns no commission. Policy terms change and your own policy schedule can differ: always confirm with the policy document and the insurer before you buy or claim.","cite_as":"Wealth Gain Insurance Plan (UIN 135L047V06), IndiaInsurances, https://indiainsurances.com/policy/ageas-federal-life-insurance/wealth-gain-insurance-plan-135l047v06"}