banner_ad

Ageas( IDBI) Federal Life Insurance policy

This query is : Resolved 
Profile Image

Profile Image

(Querist)
18 March 2025 I have taken Ageas( IDBI) Federal Life Insurance policy in 2013 and paid Rs 50,000 premium for 6 years till 2018. The Basic sum assured is Rs 2,76,000, Death sum assured is Rs 4,60,000 and the policy term was 15 years. According to Ageas Federal person, if I close it now I'll get only 60% of amount deposited. I got a call from Ageas Federal suggesting to invest in Ageas Federal Life Insurance fund by transferring money to the emerging funds which will get 10 times of Sum Assured with the available funds.
Should I wait till maturity, redeem it or do as they suggested? Please suggest.
Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
21 March 2025 Advisable to wait till its maturity.
Profile Image

chinu

Profile Image

chinu (Querist)
21 March 2025 Thanks for the response, sir.
Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
21 March 2025 You are welcome.
Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
30 September 2025 Good luck....
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
07 May 2026
CA Assistant

amit desai and co

Mumbai

CA Final

View Details