Ageas Federal Life Insurance has partnered with Policybazaar to launch its flagship Super Protect Plus Plan, targeting salaried and self-employed customers through a digital-first distribution model.
Key Features of the Super Protect Plus Plan
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Pricing Benefits: 12% discount on the first-year premium alongside a Lowest Price Guarantee.
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Health & Wellness Perks: Complimentary health management services valued at up to Rs 53,000 annually.
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Core Coverages: Inbuilt Terminal Illness cover backed by a 99.82% Claim Settlement Ratio.
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Tax Advantages: 0% GST on term insurance, subject to prevailing tax regulations.
Strategic Objectives
The collaboration leverages Policybazaar’s high-intent customer base to expand Ageas Federal’s digital footprint. By integrating into the platform, the insurer aims to streamline the online buying journey—allowing customers to easily discover, compare, and purchase protection plans—while building a scalable, future-ready distribution channel aligned with modern consumer expectations.
