Ageas Federal Life Insurance Rolls Out ProGrow Plan, Enabling Customers to Build Wealth with Flexible and Reliable Life Protection

~An innovative ULIP offering personalised protection, wealth-building opportunities, and investment flexibility for today’s discerning investors~

Bengaluru: 28th April 2025 : Ageas Federal Life Insurance, one of India’s leading private life insurers, has introduced its latest innovative offering in the Unit Linked Insurance Plan (ULIP) segment — the ProGrow Plan. Designed for individuals aiming to secure their financial future while creating long-term wealth, the ProGrow Plan combines the dual advantages of dynamic market-linked growth potential and robust life insurance protection.

With a focus on flexibility and long-term wealth creation, the ProGrow Plan allows policyholders to customise their insurance and investment choices. Customers can select their life cover multiple, premium payment term, policy duration, and investment strategies based on their changing needs and risk appetite.

The plan also reinforces Ageas Federal’s commitment to responsible investing, with fund options ranging from equity growth to moderate asset allocation and bond funds, catering to diverse risk profiles. With customer-friendly features such as partial withdrawals post lock-in, policy revival options, and transparent charges, the ProGrow Plan offers unmatched control and convenience, empowering customers to steer their financial growth confidently.

Speaking on the launch, Mr. Jude Gomes, MD & CEO, Ageas Federal Life Insurance, stated, “At Ageas Federal Life Insurance, we are deeply committed to creating innovative and customer-centric solutions that empower our customers to achieve lasting financial freedom and peace of mind. The ProGrow Plan realises this commitment by offering not just comprehensive life protection but also enabling customers to grow their wealth confidently through attractive market-linked returns.”

The ProGrow Plan is available with value-added features such as Loyalty Additions, Return of Charges, and a wide range of flexible investment options, making it an ideal choice for individuals seeking to take charge of their financial future and build a legacy of prosperity.