The declared bonuses include reversionary bonus, cash bonus, and terminal bonus across participating insurance plans.
Bonuses declared under participating policies are not immediate payouts in all cases and are typically payable at maturity, surrender, or as per product features.
Ageas Federal Life Insurance stated that reversionary bonus rates for FY26 have been revised upward for several products, with rates reaching up to 11.90% of guaranteed sum assured and up to 6.50% of sum assured in certain savings-oriented plans, depending on policy features and terms.The company also revised cash bonus rates under its Super Cash Plan, with rates going up to 2.00% of maturity sum assured for select premium payment terms. Terminal bonus rates for certain plans were declared at up to 19.00% of sum assured.
Atul Srivastava, Chief Product and Distribution Officer at Ageas Federal Life Insurance, said the annual bonus declaration reflects the company’s focus on long-term value creation.
The bonus rates will apply to policies completing their policy year and payouts due during FY27. The rates will also remain applicable as interim bonus rates until the next declaration cycle.
Ageas Federal Life Insurance is a joint venture between Belgium-based insurer Ageas and Federal Bank. The company commenced operations in 2008 and operates through a nationwide distribution network comprising more than 3,770 branches, including partner bank branches.
As of March 31, 2025, the insurer reported assets under management of over ₹18,956 crore and a capital base exceeding ₹800 crore. The company said it has issued more than 19.71 lakh policies with a total sum assured exceeding ₹27,558 crore.
