Ageas Federal Life Insurance Launches ‘Aurum Advantage’ GIFT City’s First Multi-Currency Life Insurance Plan

Ageas Federal Life Insurance (AFLI), one of India’s leading private life insurers, has officially announced the launch of the Aurum Advantage Plan, marking the company’s grand entry into Gujarat International Finance Tec-City (GIFT City) India’s first International Financial Services Centre (IFSC). This launch establishes Aurum Advantage as the first multi-currency life insurance plan offered by a life insurer in GIFT City, providing customers with the unique ability to invest in US Dollars (USD), Euros (EUR), or British Pounds (GBP) while simultaneously securing comprehensive life insurance protection. Designed to cater to internationally mobile customers, the plan expands AFLI’s reach across key global markets including the Middle East, North America, Europe, the UK, Singapore, and Australia.

Plan Structure, Asset Allocation, and Flexibility:
Structured as a Unit Linked Insurance Plan (ULIP), the Aurum Advantage Plan grants policyholders direct access to multiple international asset classes including global equities, fixed income, and gold enabling robust financial diversification across geographies and categories. Key product features and flexibility options include:

Multiple Options: Flexible premium payment terms and diverse fund strategies tailored to investor risk profiles.

Liquidity: A convenient partial withdrawal facility with no lock-in period, ensuring accessibility when needed.

Core Benefits: Comprehensive maturity benefits, loyalty additions, and guaranteed death benefits, subject to applicable terms and conditions.

Eligibility, Minimum Investment, and Future Roadmap:
The plan is open to customers of any nationality, regardless of their residential status, making it fully accessible to Non-Resident Indians (NRIs), Overseas Citizens of India (OCIs), and Persons of Indian Origin (PIOs).

Minimum Ticket Size: Set at USD 3,000, EUR 3,000, or GBP 3,000, depending on the chosen investment currency.

Commenting on the milestone launch, Jude Gomes, Managing Director & CEO of Ageas Federal Life Insurance, stated: “Customers with international financial interests are increasingly seeking solutions that allow them to invest across currencies and markets. Aurum Advantage Plan addresses this need by combining multi-currency investment options with life insurance protection. Our entry into GIFT City gives us a strong platform to serve customers across international markets with solutions designed for their evolving financial needs.” Building on this initial rollout, AFLI also announced future plans to expand its GIFT City portfolio by introducing specialized term insurance and pension products.