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The Aurum Advantage Plan Is Introduced by Ageas Federal Life Insurance

Writer: KRISHNENDU KUNDU
KRISHNENDU KUNDU
2 minutes ago
1 min read

News Desk, News Nation 360: One of India's leading private life insurers, Ageas Federal Life Insurance (AFLI) has launched its 'Aurum Advantage Plan' at Gujarat International Finance Tec-City (GIFT City), which is India's premier International Financial Services Centre (IFSC). The product is a unit-linked insurance plan (ULIP) offered in three currencies - US Dollar (USD), Euro (EUR) and British Pound (GBP) under the offshore structure. It gives globally mobile investors, including Non-Resident Indians (NRI), Overseas Citizens of India (OCI), Persons of Indian Origin (PIO) and qualifying resident individuals the opportunity to invest in diversified global assets, including the equities, debt and gold markets without conversion losses, and offers flexibility with different premium payment options, loyalty addition, survival and death benefits, and partial withdrawal facility. "Our offshore IFSC offering will be the core offering for our international business. We will use it as a base to serve clients across the Middle East, North America, the UK, Europe, Singapore and Australia. We will be extending this offering to other products like term and pensions," said Jude Gomes, Managing Director & CEO.


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